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Get your taxes done using TurboTax
The excess contribution was done in 2024 at the latest, but likely 2023, possibly in 2022. It was likely fixed before I filed in 2024 if not 2023. The brokerage with the Roth never mentioned anything about a 1099-R nor can I see “Jump to 1099-R” after I Click on the "Search" on the top right and type “1099-R”.
I don't recall any mention of a 1099-R during or after the excess was taken out of the Roth by the brokerage or Turbotax's "Review" thing.
Right now I've progressed in doing taxes for 2024, to being on "Personal" under "Deductions and Credits" and it hasn't come up yet. I even skipped to "review" and it was never brought up.
So what should I do?
What consequence, if anything, ever happens if I don't deal with the 1099-R thing?
P.S For any income gettin paid in cash, wouldn't I just enter it in the same place where I entered my other business income (which seems to be under "business" and "business income and expenses") and then click "edit" to type it in?
Thanks.