DanaB27
Expert Alumni

Retirement tax questions

1) No, this will not change the discussed situation. You still can withdraw contributions you made to your Roth IRA anytime, tax- and penalty-free

 

2) Yes, your excess contribution for 2020 in this example is $2,400. Please see Worksheet 2-2. Determining Your Reduced Roth IRA Contribution Limit page 42 for additional information.

 

3) Please see How do I amend my federal tax return for a prior year?

 

 

@michaeljordan198 

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