Sorry - I am confused. My excess contributions to my Roth IRA were made towards the end of 2021, but the removal of excess contributions (plus earning/loss) was in 2022. Does this not make "earnings" taxable in 2022 (which is why the form would be mailed in 2023)? In my case, my excess contribution was $870, but as I had a loss, only about $750 was returned by the financial institution where I have my Roth IRA. So, for 2022, it works out that I should not have any taxable income on the earnings, since this is a loss, right? For 2021 tax filing, following your instructions above, I'm filing in the 1099-R as if I have it, so for box 1, do I put $870 or $750? For 2a, I assume I put 0 or leave blank. For box 3 (the capital gain box), since I know I cannot enter a negative number, do I put 0 or leave blank? And for the codes, I use P and J (which means it's taxable for 2021)?
