@dmtbue wrote:
The response addresses how to enter the 1099-R entry (thanks for that!)
but does not answer the 2nd part (entry of the allowed portion of the Roth IRA contributions)
There is nothing to enter. Allowable Roth contributions do not go on a tax return. However, there might be a "catch 22" because if only a part of the contribution is allowed then the returned part will b added to your AGI which can make even more of the contribution a new excess. When you get a "return of contribution" on a partial excess you need to have more returned than the original excess to allow for that.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
