In 2025, I made a $4,000 contribution to a Rollover Traditional IRA and a $3,000 contribution to a Roth IRA. After realizing I exceeded the Roth IRA income limit, I requested a 'Return of Excess' for both contributions (totaling $7,000 plus earnings) in February 2026. Because these funds were removed prior to the tax filing deadline, I am reporting the Net Income Attributable (NIA) as taxable income on my 2025 return. I have included this explanation to clarify that while the 1099-R forms will not be issued until 2027, the earnings are being reported and taxed in the 2025 tax year using Distribution Code P and J for the Roth IRA and Distribution Code P and 1 for the Rollover Traditional IRA. Do I need to file form 8606 for the Rollover Traditional IRA?
