Retirement tax questions

You are working to resolve a 2022 excess.

 

"TurboTax will put $158 (the maximum contribution I could have made for 2023), on line 19"

 

Why are you concerned?

That can only help you , not hurt you.

Becuase you took out more than you had to, that forces revised 2024 Form 5329 Line 22 to be zero,

Unless you grew a new excess on Line 23, then Line 24 must also be zero.

 

@keeponjeepin 

 

@keeponjeepin