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Retirement tax questions
No, the excess Roth amount that was returned is not includible in income because you already paid taxes on that money. Nothing about this needs to be included on your 2022 tax return. If there were any attributable gains distributed with the returned contribution, they will be reported on code-8 2023 Form 1099-R that you'll report on your 2023 tax return.
‎April 27, 2023
4:45 AM
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