abctax55
Level 15
01-22-2020
05:37 PM
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The 2018 excess contributions need to be removed immediately, and they are subject to the penalty.
The 2019 excess contributions are not subject to penalty IF removed right now, before 4/15/20.
If any of the 2019 contributions were actually FOR 2018 (such as the Jan one for examply..) you might be able to manipulate one month's contribution into *not* being in excess. Would be a bit of work, for likely not much gain, depending on the amounts.
HumanKind... Be Both