DanaB27
Expert Alumni

Get your taxes done using TurboTax

It seems as if your financial institution treated it as a regular distribution. Did you request with them the withdrawal of excess contribution plus earnings? You might have to talk to your financial institute since a 2021 1099-R with code Q would belong on your 2021 tax return but would not be taxable at all since it is a Qualified Distribution.

 

 

Please see What happens if I made an excess Roth IRA contribution for additional information. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"