Best way to correct over-contribution to self-directed Roth IRA?

[Eric Chase]

BP Community, can you provide advice???

I contributed the max ($6,000) to my SD Roth IRA in May, knowing my (combined with my wife's) AGI for 2020 would be under the $196K threshold. I then lent out this $6,000 along with my entire IRA balance to a fund with compounding interest. Today, due to my tenants getting unexpected military orders, I've learned that I need to sell a rental property several months earlier than expected. My intent was to sell this property anyway, but with a closing after 1 Jan 2020. Now, the sale will close this year and I expect a significant capital gain that will put my 2020 AGI over $206K. Thus, I will not be eligible to contribute to a Roth IRA at all this year.

What’s the best way to get myself right with the IRS when I file next year?