@radzik @fanfare @DavidD66
After some further research, I don't see an option in TurboTax to use the P designation for tax year 2023 or 2024 when attempting to create a 1099-R. However, I don't think it is necessary to create a 1099-R for those of us who withdraw excess contributions & earnings in a timely manner (before the tax deadline)., based on IRS Pub 590-A:
"Don’t include in your gross income an excess contribution that you withdraw from your traditional IRA before your tax return is due if both of the following conditions are met.
• No deduction was allowed for the excess contribution.
• You withdraw the interest or other income earned on the excess contribution."
Therefore, I think I can bypass the IRA retirement contribution interview question by simply answering "No" and moving on. The only issue then is how to report excess contribution earnings? (I'm still researching).
