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Greetings, Rangag, and welcome. You wrote:

It is not cash. I bought stock under IRA. Instead of buying 20 shares I bought 40 which crossed 2000 limit. can I resell it before January so that custodian does not report it? If do not resell it, do I need to pay panulty or Can I adjust with next year 2000?

Did you make a contribution in cash of more than $2K to your IRA? If not, then you have no problem with an excess contribution.


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