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Adjusted a 2016 Roth IRA contribution
I over contributed to my Roth IRA in 2016. I have asked my Trustee to remove the amount over what I am
allowed. TT, is calculating an Additional Tax on the IRA. The IRS Pub 590 states that I can make this adjustment without the 6% penalty if done before April 18, 2017. How do I enter the information into TT without triggering a penalty?
allowed. TT, is calculating an Additional Tax on the IRA. The IRS Pub 590 states that I can make this adjustment without the 6% penalty if done before April 18, 2017. How do I enter the information into TT without triggering a penalty?
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‎June 4, 2019
1:52 PM