I would like to clarify something mentioned about the 2024 excess contribution and how to file this in Turbo Tax. I have an excess 2024 ROTH IRA contribution that I plan on returning before April 15, 2025 so I do not have to report this contribution for 2024. I understand that I need to report the earnings received on the 2024 contribution however I am not clear why I would not report this on my 2024 tax return since these were 2024 excess contributions? I am also not clear on when I use Turbo Tax to file a 1099-R if there is a place to state this is for 2025 vice 2024 and will Turbo Tax file this correctly in my 2024 return?
Thanks
