- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Excess Roth IRA Contributions - How to Report in 2018 taxes
Many responses to this same issue but I don't think any of them apply to me.
1) 2017, overcontributed to my Roth IRA.
2) February 2018 - Withdrew excess contributions and earnings, prior to filing 2017 taxes.
3) Filed 2017 taxes without including excess contributions or earnings (I entered only the maximum amount I was actually able to contribute, not the excess)
4) Received a (2018) 1099-R - Distribution of excess contributions and earnings. No taxes withheld.
Can somebody explain how I treat this in my 2018 taxes. Do I have to amend my 2017 taxes?
Topics:
‎June 4, 2019
1:58 PM