Jean age 49 contributed $7000 to our traditional IRA on November 11, 2020. She comes in to your office on February 2021. Exchange tax preparer what should you do?

advise her to re-characterize $1000 of the contribution and any associated earnings to a Roth IRA

advisor to withdraw $1000 in any associated earnings prior to her filing deadline

file form 8606 with her returned report basis for the $1000 of non-deductible contributions

ask her questions to determine whether any penalty exceptions apply