@JohnB5677I have a quick followup question. MyTaxable IRA/Keogh Distributions for 2020 was added up as $16,231. I believe the sum is from my withdrawal in 2020 ...
Thank you! I do have one follow up question. When I am going through, it asks if I withdrew from my Roth IRA prior to 2020. Now, I withdrew my 2018 contribution...
Where does form 8606 come in then? And why does it say at the end that I shouldn't report the recharacterization in either my 2019 or 2020 taxes if I complete t...
Thanks! Yes, I have withdrawn the excess Roth contribution made in 2018. However, I did so just this week so my understanding is that I will have to pay the pen...
Thank you, I have found the proper form. One last question...do I have to amend my state tax return with this ineligible Roth IRA contribution or is it only the...