I made a $6500 contribution to my Roth IRA for 2023 in February 2023. I determined that I was ineligible to make a Roth contribution because my income was too high. In November 2023 I withdrew the contribution and income as an excess contribution which I planned to contribute as a non-deductible contribution to my traditional IRA. My custodian is treating the withdrawal as an early non-taxable distribution so my contribution is still in the Roth IRA. I recharacterized the $6500 Roth contribution and income to my traditional IRA. Can I now put the early distribution back into the Roth IRA even though I have already contributed the maximum amount? Will it be taxable as a late rollover even though it's a non-taxable distribution?
