I have an excess of 1702 in my Roth IRA apparently and now its asking me contribution withdrawn before due of your return? I have no idea what that means.
02797
2 Replies
MayaD
Expert Alumni
Mar 3, 2022 10:49:33 AM
You have excess contribution:
If you contributed to a Roth when you made too much to qualify.
If you contributed more than you're allowed to either IRA
That contribution is subject to a 6% tax penalty.
If that is the case, check the link below for options to remove it: