deedso57
New Member

I funded Roth IRA for 2024 and 2025 by mistake. I backed out excess contribution before deadline 2024 so no penalty, but when do i pay tax on resultant income 2024/25?

excess contribution to roth IRA in 2024 has been resolved without penalty, when do i pay taxes on resultant income - 2025, or revised 2024 return