Thank you so much for your reply.
I did not have any earnings in regards to the excess contribution. I accidentally contributed $6,000 to Roth IRA in 2021 and removed it a couple of days later as a regular distribution, not a characterization form.
And I do not have any excess contributions in 2020 or prior years. So I will enter $0 for this tax year.
I do have one more question. What if when I file taxes for 2022, what should I enter for the same questions:
Your Excess Roth IRA Contributions for Prior Years.
Should I enter $4,500 and then answer the next questions that I removed that excess contribution to avoid the penalty? Even the way I removed it was just a regular transfer, not using an appropriate form?
Thank you!
