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Retirement tax questions
Can you please double check one more thing for me?
I was under the impression that because I took the ordinary distribution before the end of 2022, I wouldn't have to pay the 6% penalty on the excess contributions in my 2022 return. This seems to match 2022's form 5329.
Then I stumbled upon https://ttlc.intuit.com/turbotax-support/en-us/help-article/form-1099-r/happens-made-excess-roth-ira... and the wording regarding removing the excess contribution after the tax deadline confused me.
‎April 3, 2023
9:22 PM