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2021 1099-R FOR ROTH IRA EXCESS CONTR FROM 2020 (CODE J,P)
I received a 2021 1099-R for my Roth IRA for excess contributions in 2020.
I made a corrective distribution in Jan 2021 prior to sending my 2020 tax return, but I didn't have the 2021 1099-R. I contributed $7000 (I'm over 50) and my corrective distribution was only $5500, as I lost money that year.
Do I need to file a 2020 amended return if I had a lost earnings?
Should I have filed anything in my 2020 tax return for this?
‎February 9, 2022
8:53 PM