I have similar case.
For Roth IRA excess contribution ($6500) made in Jan 17, 2017 (at age 58, March 31, 2017 turned to 59), removed contribution with earnings in March 2021:
Q1: Do I pay 10% early withdrawn penalty for each year plus 6% penalty for over 5 years?
Q2: Do I need to amend tax return1040 for 2017, 2018,2019,2020, 2021 to pay taxes on earnings?
thanks a lot!
