Roth IRA violation

My son put in $7000 in 2019.  He has no income that year.  But he has income since 2015.  Just that year skipped.  He did not file tax return.  I just find out that he had automatically also put $7000 to Roth IRA.  What can he do?  Can I said I hired him and gave him $9000 in 2019?  Otherwise, there will be a lot of penalties, right?

thank you so much for your input 

所有跟帖： 

• 填表$7000 withdraw 就行吧？ --隔三岔五來逛逛-- ♀ (0 bytes) () 12/04/2024 postreply 17:32:50

• 破唱片對國內來的老留再放一遍？在美國，不用怕警察！但是，對國稅局要有敬畏之心，不可胡來！ -hhtt- ♂ (0 bytes) () 12/04/2024 postreply 17:39:42

• 樓主這情況，千萬不要自己想當然？打個電話去券商客服，讓他們幫助解決。 -hhtt- ♂ (0 bytes) () 12/04/2024 postreply 18:55:43

• 6% penalty as long as money in the Roth account -越王劍- ♂ (74 bytes) () 12/04/2024 postreply 17:44:14

• You are right. But fidelity said they don’t know how to do. -meowi- ♀ (0 bytes) () 12/04/2024 postreply 22:11:12

• 父母可以給孩子一年一萬的。可以說是父母給的。 -南京姑娘- ♀ (0 bytes) () 12/04/2024 postreply 18:29:13

• 父母給的，不是earned income，不能用於買roth -成功的兔- ♀ (0 bytes) () 12/04/2024 postreply 18:43:22

• 不知你這可以給孩子1萬的數字是從哪裏看到的？2024年免稅現金禮物上限是1萬8，夫婦倆就是3萬6. -hhtt- ♂ (0 bytes) () 12/04/2024 postreply 18:53:48