abctax55
Level 15

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.

 

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