Sam's contribution on June 15, 2022 in the amount of $10,000 to his Roth IRA is:

	1.	Is not in excess of the allowable contribution amount because it includes "catch-up" contributions for 2020 and 2021; years in which no Roth IRA contribution was made.
	2.	In excess of the allowable contribution amount but he will not be subject to any excise tax to the extent he has basis in the IRA.
	3.	None of the above.
	4.	Is not in excess of the allowable contribution if he allocates/divides the contribution towards the 2022 tax year and 2023 tax year.
	5.	In excess of the allowable contribution amount and will be subject to excise tax

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