Thanks for the clarification. My understanding as well is that you will not be subject to the 6% penalty if you remove the excess Roth IRA contribution prior to...
No, after making the removal my financial institution said I would receive the 1099-R next year in 2023. I made the excess contribution of $7,000 in November of...
Hello,I have a similar situation as you had with a 2021 excess Roth IRA contribution that I removed in 2022 with a loss. I am still very confused reading throug...
