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Retirement tax questions
I am withdrawing my excess contributions from 2022 and 2023 ($10,125 exactly). "
This resolves your 2022,2023 excess in 2025. You still have a penalty for those years on 2024 Form 5329.
Report the resolution on your 2025 tax return.
"I have recharacterized all 2024 "
Having recharacterized before Tax Day, there is no longer a 2024 Roth contribution
Instead report a 2024 Traditional IRA contribution.
Having recharacterized Jan 2025 contribution. report this on your 2025 tax return.
‎February 26, 2025
6:04 PM