You have a nondeductible contribution of 648, but it is NOT an excessive contribution that is subject to the additional penalty of 6%.
The amount of your contribution is limited to your compensation for the year minus a few adjustments.
So- you are not required to withdraw the $648, it just cannot be used as a deduction to reduce your taxable income. Because you cannot deduct it, it was not be taxed when you take a distribution in the future (it is your basis).
If you decide to keep it in your account, TurboTax will complete a form 8606 to report the nondeductible contribution to the IRS so that you are not taxed on it in the future.
Please let us know if you have other questions!
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