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Retirement tax questions
Thank you.
Yep, April 15th was the deadline and unfortunately I missed it. So now it will get double taxed - that is OK, the total excess contribution is $103, not a big deal to get it taxed twice.
But I still need to remove it from the plan at the earliest possible time, right? Or it does not matter when I remove it since it is being double taxed anyway? Thanks again for your responses, very helpful..
‎April 27, 2021
4:08 PM