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What to do if deposited RMD to a traditional IRA by mistake?
Please provide steps to correct above mistakes. I know I can characterize the IRA deposit to Roth because I have w-2 earnings to cover the RMD amount. I will report the RMD on 2023 tax. Does turbotax help with form 8606? Will I subject to penalty? Thank you very much!
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March 11, 2024
8:26 PM