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Retirement tax questions
Thank you very much for the quick reply. Just to make sure I fully understand:
1. Even if the entirety of the excess contribution and subsequent earnings all happened in 2022, it needs to be taxable on my 2021 return?
2. If I amend my 2021 return for this, does this mean the 1099-R I received this year doesn't need to be reported in my 2022 return?
Thank you!
March 6, 2023
11:24 AM