Hello,
@dmertz @DanaB27 ? (or anyone who doesn't mind reading and responding to the full inquiry below). Thank you!
I'd like to know how I should report this on Turbo Tax if I do not have a 1099-R and do not know the TIN of my retirement brokerage (Vanguard). (Assume I will not get the 1099-R on time if at all and I do not wish to amend, but I do know the exact amount of the original contribution and the interest earned for both the 2020 and 2021 contributions).
The original question was
I opened a Roth IRA account in Jan 2021 (this year) and made contributions for 2020 and 2021. I discovered this month- Feb 2021- that the entire amount of both the 2020 and 2021 contributions was over the limit. In other words, I should not have contributed anything in either 2020 or 2021. I have not yet filed my 2020 taxes. I have earned interest on both the 2020 and 2021 contributions. I have not received a 1099-R and I'm not sure I will (I have requested one but have not heard back). Could someone let me know step by step what I need to do on turbo tax? Let's assume I do not receive the necessary 1099-R and will need to complete a substitute 1099-R.
Thanks again!
