The proper work flow to this issue is that if you had an excess contribution in 2018, there is an entry in Turbo Tax letting you know you had an excess contribution and will ask if you returned it by 04/17/2019. For tax year 2019, you will receive a 1099R reporting the return of that excess contribution and it will not trigger a taxable event if coded correctly in Box 7. My questions are:
- If you had a excess contribution in 2018 did you return it AND report in your return that you returned or plan on returning the contribution by 04/17/2019?
- if it was returned by the due date, did you receive a 1099R for it in the 2019 tax year?
in reading the advice that was given above, it sounds like this became much more complicated than it needed to be.
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