@DanaB27
I’m in a similar situation and expect my excess 2022 contribution to be removed by Schwab tomorrow. My husband’s was removed today, and all we got was a message that it was done with no actual numbers. I found where I create the 1099-R in TurboTax, but where do I get the numbers to enter? Do you suggest calling Schwab back and asking them to walk me through the numbers that will be on the 2023 form? I’m mostly concerned because it does appear to be charging us the 6% penalty the way I have things now. As soon as I entered our Roth contributions in the deductions section our refund dropped by $720, which is how I discovered the income limit. Will our refund go back up if I get this form entered properly? Thanks so much! I really thought I would get our taxes done in one night this year, and now I’m down to the wire..
