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Removing Excess Roth IRA contributions from 2021
Hello, I made an excess contributions in my Roth IRA for year 2021 and year 2022. I have removed these excess contributions in 2023 with help of my IRA custodian before tax filing deadline for 2022. How do I report both untimely and timely removal of excess contributions using Turbotax? Also will I need to file an amended tax return for 2021 even though I never reported the roth IRA contributions or took any deduction for IRA on 2021 return?
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March 31, 2023
12:57 PM