dmvorion
Level 1
01-21-2024
10:33 AM
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Hello! I'm in quite a similar situation as you and spent hours doing research.I made accidental excess contributions in 2020, 2022, and 2023 (this tax filing period). I think I arrived at similar conclusions to you. Could you describe your solution process and if it was successfully resolved? It would be super helpful to me! Also I'm wondering if I can use an ordinary distribution to remove all excess (even for the 2023 timely correction) and just leave the net income sitting in Roth? To confirm, the income from prior years can stay and are also not subject to any taxes, right?