Excess Contribution Roth IRA 2007

02-05-2008, 01:31 PM

fe_us_2000 fe_us_2000 is offline

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Join Date: Feb 2008

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Excess Contribution Roth IRA 2007

What is the name of your state? CA

I just realized that I am not qualified to contribute for Roth IRA 2007. I am planning to withdrawn all of my roth that I contributed in 2007 about $3,000.

Question:
1. In Tax Form, Should I still put that I contribute to Roth IRA $3000 in 2007 or Should I put $0 amount since I withdrawn it before April 15?
2. Do you think that I can get 1099-R FORM right away from my IRA company (TRowe-Price)? if I do not get it by 1099-R, How can I fill it them out as far as the number in box 1, box2...etc?

Thank you for any feedback!

-Franky

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