Excess 2018 roth contribution corrected in 2019 netted to -0- contribution but still showing penalty?

posted

Got through Roth IRA contribution interview and say at the end that there was an excess and the excess was removed. That should remove the 5329.

Enter IRA contributions here:
Federal Taxes,
Deductions & Credits,
I’ll choose what I work on (if that screen comes up),
Retirement & Investments,
Traditional & Roth IRA contribution.

OR Use the "Tools" menu (if online version under My Account) and then "Search Topics" for "ira contributions" which will take you to the same place.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**