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What year(s) do I file a form 1099-R 2020: Removal of excess contribution to Roth IRA in?
I did my habitual Roth IRA contribution in 2019, but then did not end up making enough income to have made a contribution. I realized this in March of 2020. I did a removal of excess (including interest and had them withhold taxes) for my 2019 contribution. I received no 2019 forms for this action.
I have received a form 1099-R for the year 2020 for this action.
I don't know if I need to file this as part of my 2019 return? or my 2020 return? or both.
In turbo tax for 2020 when I enter this, it asks me the question what year this form has on it -
I enter 2020, and then says I may need to amend my 2019 return.
So, what year or years do I need to enter this 1099-R for?
Thank you!
-David
March 27, 2021
2:15 PM