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Retirement tax questions
"we identified that she made excess contributions of $3475 in 2020, $4475 in 2021, "
return of excess contribution:
after tax due date including extensions: you distribute the excess amount being carried forward on Form 5329,
(or offset it with currently allowed contribution) .
Any allocable earnings stay in the Roth account.
‎August 5, 2023
8:38 PM