In 2022 and 2023 I contributed to my ROTH IRA when I was above the income limit. In January 2025 I attempted to remove the excess contributions and earning but was told by my bank that it was too late/past the deadline for this process.
I want to remove these contributions to stop paying the 6% fee each year. I've located anything I purchased and sold the tax lots so that the deposits and earnings are now sitting in cash. Do I just make a standard withdrawal, or account transfer, for the total amount of deposits (or deposits + earnings)? I'm worried about how to make this request to avoid the 10% early withdrawal fee since I can no longer check the "excess contributions" box that would code the withdrawal properly. And if it is a standard withdrawal, is there a form that I will get to show the IRS what I'm doing to avoid the 10% early withdrawal?
