
EP 40 - Fixing an Excess Roth Contribution
Directed IRA Podcast
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Do You Want to Change the Contribution?
You're going to file a form 53 nine with the i r s causethere. That's where you kind of explain all this math. One option too is, let's say 20 20 when you put that x, that two thousand bucks in, was just a good year. You usully kdon't have that type of income year. And so yere like, oh, now i'm married and i we made a hundred and 50 grand this year. Let's just book it as a 20 21 contribution. So the iris lets you shift that to the next year. But one option is shifting the contribution to th next year. Not roll, that's a scary word.
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