Interesting I thought it was limited by Retained Earnings/balance at the beginning of the year plus Ordinary Income. This seemed to make sense since they are al...
1. Thanks for that I was aware of the 6% excise tax penalty per year. Too bad it's not paid at the end but I have to amend the 2022 return anyway so no big deal...
Please disregard my questions/comments about the double taxation thing. I now understand it's due to it being an ineligible rollover for the excess contribution...
