ironmom
Level 3

How do I account for the following regarding excess IRA contributions made in 2021 TY? Do I amend 2021 for excess IRA contributions made last year, or do I show it on 2022 Form 5329? I told the clients the amount to put in each of their IRA's but they got them switched and put the amount for hers (which was limited) in his and vice versa.

0 Cheers