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1099-R for 2020 not generated until 2021
Hello,
In March of 2021, I removed an excess contribution and its earnings from my Roth IRA for 2020.
I am aware that the interest I just removed is taxable in 2020, but the 1099-R will not be generated until 2021. Can I report this amount on my 2020 return before receiving the 1099-R or must I wait until next year and file an ammended return?
March 11, 2021
4:01 PM