Retirement tax questions

Hi @macuser_22 ,

 

Follow up questions for 2018 excess:

-Since there's no adjustment for any gain or loss, do I just tell my bank to remove/withdraw the exact excess amount?

-And then do I just use Turbo Tax amend option to report the excess amount?

-How and when do I pay 6% penalty? I assume this will be 6% for the year 2018 and 2019?

-Do I need to file any extra forms when filing 2019 Return?

-Is it possible to apply 2018 excess to 2020 contribution?

-What's IRA contribution interview?

 

Thank you!