In my original post, I mentioned that I had a 1099-R with a Code G. That 1099-R had data in Box 1 and Box 5. I checked my 2023 Form 5498s from the institution that received the rollover. I received two forms. One Form 5498 shows the Box 5 amount rolling into a Traditional IRA. The second Form 5498 for the Roth shows the amount equalling Box 1 minus Box 5.
Those Form 5498s do not include the $2126.60. shown on the second 1099-R that was Code E. In my original question, I asked if the $2126.60 was applied to my Roth IRA for 2024 because it doesn't appear in the Form 5498 for 2023. I thought maybe the distributions under Employee Plans Compliance Resolution System applied my over-contribution to the next tax year.
I checked the brokerage and there are no revised 1099-Rs shown.
So the reason for entering two different 1099-Rs into TurboTax was because money was going into two separate IRAs?
