lovemahal-1
Level 2
 
0 Cheers
George4Tacks
Level 15

Was there net earned income? If not, then the ROTH is an excess contribution and subject to penalty until removed.


Here's wishing you many Happy Returns
sjrcpa
Level 15

If all foreign earned income was excluded, there is no earned income left upon which to base a ROTH IRA contribution.

Been there and seen that.


Ex-AllStar