Since you received a Form 1099-R, you will have to report it or the IRS will propose an adjustment to your return if you file without it. The IRS permits the withdrawal of same-year IRA contributions if made within six months of the due date of a return, without extensions.
If you properly told the IRA custodian that you were making a "return of contribution", then they would also return any earnings attributed to the contribution while in the IRA, and should have issued a Form-1099-R codes 1 & 8 in Box 7, indicating a return of contribution as if it never happened.
If you simply took a normal distribution, then the IRA custodian will issue a 1099-R with a code 1 in box 7, indicating an early distribution with no know exception.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
