In 2020 I made excess Roth IRA contributions without realizing that Roth IRA's have an income limit. Then in February/March last year when I was preparing my 2020 tax filing, I realized that those Roth IRA contributions are all in excess. So I withdrew all the contributions and their earnings, however now I've received a 1099-R showing the codes 'PJ'. TurboTax is advising me that I need to file an amendment for the 2020 tax filing that I filed last year and include this 1099-R in that 2020 amended tax filing.
Filing an amendment is a hassle (which I've never done before as well), so is there any way to avoid doing that ?? Can I not just include this 1099-R in this the 2021 tax return that I'm preparing now, and perhaps include a letter of explanation ?
Also, if I absolutely have to file 2020 tax filing amendment, and I include this 1099-R in that amendment, then do I still include this 1099-R in the 2021 tax filing that I'm preparing now ?
