I had contributed to Roth IRA by mistake in Feb 2024 as I was not aware of the income limit. That earned an interest as well.
I realized that while filing taxes now and submitted Return of Excess contributions form to Fidelity. They returned both my contribution + it's interest earned by depositing into a non-retirement Fidelity account. Fidelity will send the 1099-R form in 2026.
I understand that the interest would be taxable though not my contribution to Roth IRA which I believe should be after tax.
Question:
Should I report any of that in my tax return that I am submitting now for 2024 by creating my own 1099-R or should I wait till next year to report both the corrections in the contribution and the interest earned?
