Releasing excess concessional contributions (ECC) is a process managed primarily through the Australian Taxation Office (ATO) after the end of the financial year. I cannot proactively "withdraw" excess contributions yourself to fix the issue. I was advised to wait for the ATO to identify the excess and send me a determination.
I had $620 excess concessional contributions (ECC) in my last financial year tax return. After waiting for 10 months after last financial year ended, I still haven't gotten the notification to release excess concessional contributions (ECC) from ATO. What can I do?