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After you file
You need to post the box 7 codes to know what the brokerage did.
Also,the "taxable amount not determined" should be checked, please confirm.
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It's too coincidental that
A) you made $750 earnings on contribution of $750 + $6,270 = $7020,
and
B) the distribution should be $7020 since 02/14/2023 is after the due date of your 2021 tax return
Maybe you misunderstood what the broker was trying to tell you.
--
So,
C) where did the $29, 227.70 in Box 1 come from?
Did you close out the IRA ?
‎April 4, 2024
6:58 PM