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Retirement tax questions
Thank you! I have contacted the brokerage and filled out the form for excess contribution and am currently being processed. According to them, they will issue a check and that I have 60 days to redeposit it back into the Roth IRA. So, I'm glad that I did not purchase securities with the funds it had remained inside a interest bearing account within so earnings are very minimal. Do I have to wait for a new form to file my 2022 taxes? You also mentioned that I need to make a note, where on the tax form should I make a note of the error? Thank you again for your assistance.
March 20, 2023
2:07 PM