Doing elderly mother's taxes. Slightly different case
- Contributed $7k ROTH IRA for 2019 taxes before 4/15/2020 deadline and filed before deadline
- Mistakenly processed an excess withdraw for this contribution. Earnings was a loss due to bearish market (Was doing a 2020 RMD rewind at the same time and got the years crossed)
- Now have a 2020 1099-R for this withdraw code 8J showing excess withdraw
What can I do?
- Calling Roth IRA admin to see if can change this withdraw to normal Roth IRA withdraw.
- Anything can be done by Turbotax?
