dmertz
Level 15

Retirement tax questions

In that case I'm not sure that you can blame TDAmeritrade since they relied on your input, and I'm not sure that this could be resolved as a bookkeeping issue.  For performing a late rollover under Rev. Proc. 2020-46, it would make sense to use a different reason:  the funds were deposited into and remained in an account that you mistakenly thought was an eligible retirement account.  You would still be subject to the 6% excess traditional IRA contribution penalty for three years.