- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Correct. Gains on the excess contributions are not themselves excess contributions. TurboTax will automatically calculate your excess contribution as $110 and the penalty for 2017 as $7 (rounded up from $6.60).
‎June 6, 2019
3:59 AM