Taxable income is 130k. 2024 roth IRA contribution is $8,000. Turbotax suggests three options: 1) recharacterizing it to traditional IRA; 2) withdrawing contributions; 3) Paying the penalty(6%). I opened roth IRA with Charles Schwab and invested in stocks. For options 1&2, should I sell some stocks and withdraw funds? If yes, how much should I do? Thanks in advance.
