DanaB27
Expert Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Retirement tax questions

Yes, if you withdraw the excess contribution plus earnings before the due date then you don't have to enter the IRA contribution into TurboTax. But the earnings on an excess contribution for 2022 will be taxable in 2022 and need to be reported on your 2022 tax return.

 

@gjgogol 

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