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Retirement tax questions
after tax due date including extensions: you withdraw the excess amount being carried forward on Form 5329,
(or offset it with currently allowed contribution) .
Amended return(s) will be needed supplying that Form 5329 since there is a 6% penalty per year on accreting excess contributions .
Earnings stay in the Roth account.
P.S.
Beware TurboTax Experts.
‎February 22, 2026
9:40 AM
3,384 Views