I believe the actual earnings on the excess contribution simply needs to be reported as income for the year in which the original IRA contribution was made........
Right or wrong, I decided to report the gain (or loss) from my excess ROTH IRA contribution on line 21 (Other Income) on Form 1040 once I reported the excess co...
It is state dependent......in MS you are not required to submit a federal return along with your state. Contact your State Dept of Revenue for a definitive answ...
