Hello,
Thank you so much for the detailed response to my question. I contacted the brokage company of my Roth IRA, and was told that their system doesn't support applying the excess amount of contribution from a previous year to a later year, although allowed by IRS.
As I already contributed the full Roth IRA amount to 2020, 2021, 2022, and 2023, I wonder if there is anyway for me to applying this excessive amount from 2019 to 2024 tax year? As we are still ahead of the 4/15/2024 deadline for the 2023 tax year, is it possible for me to withdraw $898.70 from 2023, and apply the same amount from 2019 to 2023, instead of 2024? If so, do I need to consider any earnings or losses for the withdraw/distribution?
Thanks!
