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Retirement tax questions
I think what you mean is that you had excess Roth IRA contributions in a prior year and you corrected that by taking a distribution that was reported in the current year on a Form 1099-R. You then entered the form in TurboTax so now you want to know if you still have excess IRA contributions. The answer than would be no, you no longer have excess contributions.
Under that scenario, you would have had excess contributions in prior years, which you should have reported in those years and paid the penalty when you filed the prior year tax returns.
If you had an excess contribution in 2023 and you corrected that by the due date of that tax return in 2024, then you wouldn't have been penalized for the excess contribution in 2023 and you wouldn't have been considered to have an excess contribution for that year, since you corrected it by the due date of the tax return.
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