Hello All,
When filing 2021 taxes last year (2022), noticed income was too high for contributing to Roth IRA. So I had my brokerage back out excess contributions - which was the entire $6000 contribution plus $190 gain. In Turbotax (for my 2021 return) I selected contributions withdrawn before due date and entered "6000".
In 2023 I received a 1099-R form from the broker with a gross distribution (Box 1) of $6190 and a taxable amount (Box 2A) of $190. Box 7 (distribution code) says "PJ". The 1099-R form has a year of "2022" and *not* "2021" which to me suggests that it goes into the 2022 return.
I entered this form into Turbotax, with the $190 gain (form says 2022). Is there a need to amend my 2021 return at all?
