Excess Contribution to Roth IRA
by_000
Member Posts: 1 Newcomer
When reporting my excess Roth IRA contribution withdrawal, should I enter the original excess contribution amount of $7,000, or the adjusted amount of $6,992.28 after accounting for the $7.72 loss?
There's a field asking ‘Enter any 2024 Roth IRA contributions you withdrew" and I'm not sure which amount to put.
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Answers
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The screen should indicate whether or not to include the earnings (or loss).
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