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How to enter form 5329?
I made an excess contribution to my Roth IRA in year 2023. I withdrew the excess contribution before the filing date for the 2023 taxes, so owe no penalty. Turbo tax noted this just fine.
However, I also need to enter the earnings on that withdrawn 2023 contribution on my 2023 tax return (form 5329), but Turbo tax does not allow me to do that.
How do I enter the earnings from a withdrawn excess contribution?
‎February 25, 2024
12:17 PM