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Why is my returned overcontribution to my Roth IRA taxable?
In 2018, I mistakenly over contributed to my Roth IRA because my income level was too high. So I had Fidelity return the excess contribution to my savings account. Why would I have to pay tax on that? The money came from my savings account and was returned to my savings account.
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‎June 3, 2019
4:34 PM