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Retirement tax questions
I do this on Turbotax Premier (and check the 1040 and Schedule 1 as advised) and it then says that "You Have an Excess Roth Contribution" and because your contrubtion isn't permitted, it's considered an excess contribution of $7,000" and the next screen says "You Currently Have a Penalty", WTF?
‎April 3, 2021
4:16 PM