Reply To: Fixing excess Roth IRA contribution

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#77487
olive
Participant

So I sent IRS my payment for the penalty last year for the excess contribution problem, but a few days ago I received a check from US Treasury in the full amount of that payment plus the interests! The words ” TAX REFUND” was printed on the check. Why did it refund me? (sure makes me happy, but just curious)

(for unknown reason my previous user id was blocked from posting, perhaps mixed up with some other poster?)