TaxQuestions60
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Thank you! I did this calculation and got the same result before I asked, but I was under the impression there is a special formula the IRS uses and didn't want...
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Thank you. Sorry for the delay in responding - I needed to stop thinking about this for a few days! I went to the CU and withdrew the funds. We called Acensus (...
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Hi Dana - my IRA is a traditional IRA, not a ROTH as you mention in your response. Does that change anything for me?
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Sorry Julie - I see your answer now. That is the problem, I have this account with my local credit union. It is monitored through a third party company. The CU ...
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Activity Feed for TaxQuestions60
- Posted Re: If I made an excess contribution to a Traditional IRA of $6,000 for 2023, how do I calculate ... on Retirement tax questions. March 25, 2024 10:09 AM
- Posted Re: If I made an excess contribution to a Traditional IRA of $6,000 for 2023, how do I calculate ... on Retirement tax questions. March 25, 2024 10:07 AM
- Posted Re: How do I report the earnings from an excess contribution made in error to my IRA? on Retirement tax questions. March 19, 2024 9:10 AM
- Posted Re: If I made an excess contribution to a Traditional IRA of $6,000 for 2023, how do I calculate ... on Retirement tax questions. March 19, 2024 9:07 AM
- Posted If I made an excess contribution to a Traditional IRA of $6,000 for 2023, how do I calculate the earnings? The account is a non-investment account earning 2% APR. on Retirement tax questions. March 19, 2024 8:46 AM
- Posted How do I report the earnings from an excess contribution made in error to my IRA? on Retirement tax questions. March 19, 2024 7:32 AM
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