AnnetteB6
Employee Tax Expert

Retirement tax questions

You have some options to correct this, depending on whether you want to avoid paying the 6% penalty or if you are willing to pay the 6% penalty on your 2025 tax return.

 

Take a look at the following TurboTax help article to learn more about the options you can choose:

 

What if I made an excess Roth IRA contribution because my income is too high?
 

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