Hello, I realized that I was not eligible for an IRA contribution in 2023 since I went over the AGI limit after inputting data on turbo tax when filing for tax for 2023 tax return. The excess contribution was made in 2023 and I had withdrawn the excess contribution in March of 2024.
My question is since I selected Federal and State tax withholding from that withdrawal. I will have to report the earnings from the excess contribution in 2024. But do I still need to file an amendment for the 2023 tax return?
Thank you.
