dmertz
Level 15

Get your taxes done using TurboTax

The 2019 Form 1099-R that needs to be included on your 2018 tax return will have code P in box 7.  It will also have code 1 if you were under age 59½ at the time of the return of contribution.  In the follow-up, be sure to tell 2018 TurboTax that this is a 2019 Form 1099-R.

 

The situation is slightly complicated by unnecessarily and probably inappropriately having $1 was withheld for taxes.  Because of this, this 2019 Form 1099-R must also be entered into 2019 TurboTax because while the $9 is taxable and subject to early-distribution penalty on your 2018 tax return, the $1 of tax withholding is credited on your 2019 tax return.

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