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knmcnul
New Member

How do I figure out excess amount of contribution I made to my IRA?

RE:  Answer to my question--How do I re-characterize the excess 2018 contributions that I made to my IRA? from TurboTax DawnC.   Answer not helpful.  How do I figure out excess amount?  My financial planner says I need to re-characterize to figure out excess amount.  You say I can't and need to tell you the excess amount.  WHAT DO I DO??

 


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Accepted Solutions

How do I figure out excess amount of contribution I made to my IRA?

You can either remove the excess contributions the program told you about  by 4/15   OR  make them a 2018 contribution ... talk to the IRA custodian  to see what is best for you and to get it completed. 

And stop opening new questions it gets confusing.  

View solution in original post

1 Reply

How do I figure out excess amount of contribution I made to my IRA?

You can either remove the excess contributions the program told you about  by 4/15   OR  make them a 2018 contribution ... talk to the IRA custodian  to see what is best for you and to get it completed. 

And stop opening new questions it gets confusing.  

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