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Turbo Tax asking if I have done an excess contribution to Roth, but have already removed excess
Hi Team,
Would appreciate any help on this question: I see a question about whether I have contributed an excess amount to a Roth IRA in 2020 or earlier. If I have done so, but already conducted a removal of excess and paid the additional fees, etc. then how should we address this in Turbo tax?
I imagine the answer is "No" because it was effectively removed from the record by conducting a removal of excess. Thanks for you help! @macuser_22 , @dmertz do either of you know?
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May 1, 2021
6:51 PM