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Level 3
June 1, 2019
Question

I just contributed to my Vanguard Roth this afternoon, and I contributed $320 to much... what do I do?

  • June 1, 2019
  • 2 replies
  • 0 views

I am not eligible to contribution to a traditional IRA.

2 replies

fanfare
Level 15
June 1, 2019
you'll have to contact Vanguard and tell them you want a return of excess contribution and the earnings on it. They'll tell you what form to submit.
TomDxAuthor
Level 3
June 1, 2019
Thanks
Level 4
June 1, 2019

This contribution will not affect your 2018 taxes as it has been done in 2019.

TomDxAuthor
Level 3
June 1, 2019
Vanguard breaks out the contributions by year... the website says I have no more to contribute for 2018 ans $7000 to contribute for 2019...  does the IRS get notified what year a contribution is for?