Thanks for clarification on 1 and 2. I have reached out to the bank on #1 for clarification on the tax year and waiting for their response.
On #3, Turbo Tax Home&Business 2020 windows edition seems to be applying 6% tax on this reversed excess contribution to the NJ state taxes. Federal tax was not affected. This is observed after, I had allowed Turbo Tax to import the 1099-R from the bank. Should i use manual entry of data instead of import?
Thanks for your help.
