Thank you for providing me with guidance!
I have a few questions that I hope you can help me with.
- Should I use a substitute Form 1099-R(Form 4852) since the actual Form 1099-R for the removal won't be available until next year?
- I removed $2400 earnings from the $8,400 total, which included a $6,000 contribution and $2,400 earnings. Should I enter $2,400 in both Box 1 and Box 2 of the 1099-R form?
- In the interview, there is a question that asks, "Let's see if we can reduce your early withdrawal penalty." Since I should not have requested a return of contribution, should I select "Incorrect Early Distribution"? If I choose this option, I can avoid 10% penalty for early distribution.
