I made a Roth IRA cont in 2024. I was over income so had to remove excess cont of $5k in April 2025 before filing my 2024 tax return. My 2024 return shows 40 bucks excess cont. I got a 1099-R for 2025 relating to that excess cont & theres a small amount for earnings on that. Traditional IRA bal at end of 2025 was only $6. Do I file an amended tax return for 2024 with correct excess cont or is it ok to report the excess of $5k in my 2025 tax return as the 1099-R is dated 2025? Any considerations?

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For the $40? Just add it to 2025. It's too small for the IRS to care about. The rule of thumb in EBPs audits is $100 of missed/over contributions for a single employee so you're under the cut off. Its just a general rule they train the agents with not the law.

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