Hi @dmertz
I contributed a total of $7,000 across my Roth and Rollover Traditional IRAs for the 2025 tax year. In February 2026, I realized my income exceeded the Roth IRA limits.
To fix this, I completed an "excess withdrawal" of contributions and earnings from both accounts this month (Feb 2026). I understand I won't receive the 1099-R forms until January 2027, but I want to report the earnings on my 2025 return now. I am under 59 1/2.
- For the Traditional IRA withdrawal, should I use codes P and 1?
- For the Roth IRA withdrawal, should I use codes J and P?
- How do I manually enter these into TurboTax without the physical 1099-R in hand?
