how to calculate earnings on excess contribution
could you direct me to http://www.irs.gov website may be publication 590 to see where I can get help on calculating earinings on the excess contribution?
could you direct me to http://www.irs.gov website may be publication 590 to see where I can get help on calculating earinings on the excess contribution?
Permalink Submitted by Alan Spross on Wed, 2009-08-26 18:58
Attached is a link to the Retirement Dictionary explantion of NIA. Included is an internal link to TD 9056 detailing the IRS requirements. There are also worksheets in Pub 590 on page 33.
http://www.retirementdictionary.com/definitions/netincomeattributablenia