I mistakenly contributed 7500 to my traditional Ira in two accounts. I am retired, therefore Have no “ Income”. I put 5000 in my Ira CD, and 2500 in an Existing Ira.
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
I mistakenly contributed 7500 to my traditional Ira in two accounts. I am retired, therefore Have no “ Income”. I put 5000 in my Ira CD, and 2500 in an Existing Ira.
Can I reverse the 7500 out of my traditional Ira Fidelity account to rectify this?
I mistakenly contributed 7500 to my traditional Ira in two accounts. I am retired, therefore Have no “ Income”. I put 5000 in my Ira CD, and 2500 in an Existing Ira.
Give the custodian the "return of excess plus earnings" form for those amounts.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.