Thanks for your reply. Regarding question #1, it was indeed excess contribution plus earnings that I withdrew, and it was done by April 15, 2019. Are you saying that since I have a 2019 1099-R for that transaction, I should report it only in 2019, or should I go back and amend the 2018 return?
Regarding question #1, here is the timeline of all the transactions:
Feb, 2018: Contribution made to Roth IRA account (account 1)
March, 2018: Entire IRA (account 2) funds transferred to Roth IRA (account 1) (100% reported as taxable on return filed in April 2019)
April, 2019: contribution shown above plus earnings withdrawn and transferred to account 2 when flagged by TurboTax.
So my question #2 was: when the Feb 2018 contribution into account 1 was undone, and the (non-deductible) funds ended up in account 2, is it correct to say that 100% of the 2018 conversion was taxable? Or do I need to pro-rate it? Thank you again!
