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re: Filed 2022 Taxes and am over the ROTH Income Limit

Posted on 4/12/23 at 10:47 am to
Posted by hiltacular
NYC
Member since Jan 2011
19708 posts
Posted on 4/12/23 at 10:47 am to
You will need to withdraw the contributions and all earnings associated with them otherwise will pay a 6% penalty yoy. You can recharacterize the contributions from roth to traditional but I would encourage you to talk this through with a tax professional.
This post was edited on 4/12/23 at 10:48 am
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