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New Member
posted Mar 1, 2020 2:20:39 PM

Do I have excess Roth contributions if I withdrew them before filing?

When TurboTax asks:

 

Do You Have any Excess Roth Contributions?

Tell us if you contributed more to a Roth IRA than was allowed in 2019 or any previous year.

 

Should I answer yes if I contributed to my Roth in 2017, got married halfway through the year then withdrew all 2017 contributions and earnings before filing my 2017 return?

 

Or is it asking if I made excess contributions that weren’t withdrawn in time and incurred the penalty (permanently classified excess)?

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1 Replies
Expert Alumni
Mar 1, 2020 4:07:19 PM

If you withdrew the 2017 excess contribution and you did not have any in 2018 or 2019 you should answer NO.