mam62tt
Returning Member

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No, after making the removal my financial institution said I would receive the 1099-R next year in 2023.  I made the excess contribution of $7,000 in November of 2021 and processed the removal in February  2022 with a net amount of $5,514.  I created a manual 1099-R using codes J and P as directed and answered the Roth IRA prompts stating that I made a contribution and then removed it by April 18th.  I must be dong something wrong.