@dmertz
I have similar case.
For Roth IRA excess contribution ($6500) made in Jan 17, 2017 (on March 31, 2017 turn to age 59), removed ineligible contribution with earnings in March 2021:
Q1: Do I pay 10% early-distribution 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 for your advice!
