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Get your taxes done using TurboTax
Pull out the excess contribution and associated earnings. Be sure the financial institution will report as return of excess. Create a 1099-R showing the distribution of excess contribution and earnings. Here is a link with details. Of course you will use 2019/2020 as the applicable years. You will get a 1099-R for 2020 showing that distribution that you can ignore.
If you save the Roth IRA entries for last in the income section TurboTax will assist you with correction/calculations for the excess.
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‎January 28, 2020
8:44 AM