@gday111 wrote:
BTW_Thanks to All who have responded. While I blame my previous Tax Preparer for never spotting this I honestly never knew there were limitations based on Income and it amazes me that after all those years I never read anything that tipped me off to that fact. How that alluded me I will always question.
I just faithfully contributed the Max amount per year to my Roth thinking I was doing the right thing for my Retirement.
A legitimate tax professional would have errors and omissions insurance, and should work with you for free to fix this problem, and cover your penalties.
