Thank you for your quick reply. I have a clarifying question.
For these steps:
7. Enter the distribution amount in box 1 of the substitute 1099-R
8. Enter the earnings in box 2(a)
9. Enter code "P" in box 7 (And code "J" if from ROTH IRA)
Since I won't have the 1099R's until 2026, I am entering this info. How do I know what the distribution and earnings amount are? Would the distribution be the amount of the check I received from my financial institution? Would the earnings be the amount over what we originally put into the ROTH? (for example, put in 7500 to the Roth, got a check back of excess contributions in amount of $8200. So 7500 in box 1 and 700 in box 2?). I'm sure this will be on the actual 1099-R next year, but I'm worried that I don't quite know where to get those numbers from.
Thanks again.
