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Retirement tax questions
Hello DanaB27,
My request is a follow-up from 2021 and treatment of the excess $110 you pointed out requiring withdrawl in 2022.
I withdrew $200, on 10/2022, even though the excess was $110 (wanted to be safe). I did not withdraw earnings.
Below letter is from the broker; 59 1/2 does not apply.
TT recognized the $200 as non-taxable but did not produce a penalty document yet. I have not marked the return complete - is that why?
Any help is greatly appreciated.
Thank you!
‎April 1, 2023
2:02 PM