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

quote:

---

So I am in a similar situation, but we did not come to this point until late in 2022.

Does this only matter when you start the tax year or do I need to go back and factor in contributions from the moment our salary increased in 2022?

---

If you finished the 2022 tax year with more income than what Roth allows, and you contributed to Roth during the year at any time, you are in violation of federal law. It doesn't matter when that income finally went over the limit. It's not a month to month thing. It is calculated annually. Most brokerages will help you fix it but you have to call them. None of them have a button you can click to fix it, and the chatbots can't fix it either. You need to set aside an hour to get on the phone with them.