Thanks for the reply. If I go the route of withdrawing more excess, how do I determine how much extra to withdraw to try to avoid this circular outcome? The money will have earnings on both my and my spouse's excess contributions, so just trying to understand how this does not continue to increase our taxable income and result in further excess contributions.
Also, if I choose to go the route of recharacterizing this last portion that is showing as excess to a traditional IRA, what do I need to reflect on the 2024 Tax Return, and do I need to do anything for 2025?
Thanks for the help.
