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Roth Over contribution - need calculation check
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Can anyone on here sanity check my math below?
Trying to figure out what my overcontribution to Roth was. Contributed 6K, and magi was 199,755. I calculated I over contributed by 2250 (max allowed was 3750 based on math below). Thanks in advance!
199,755 - 196,000 = 3,755
3,755 / 10,000 = .3755
.3755 x 6,000 = 2,253
6,000 - 2,253 = 3,747
round up to 3,750
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