I accidentally made an Excess Contribution to my Roth IRA and declared it in my 2018 taxes. I earned too much income and Turbotax told me I had to take some of that contribution out or my account or face a penalty. So I did. And in my form 5329 of (2018) I declared an Excess Contribution of $3000 in box 23 and 24 of Form 5329.
Fast forward and now I'm doing my taxes for 2019, and low and behold, I have a 1099-R retirement form with a gross distribution of $2816 from my bank with qualification codes PJ. I enter it into Turbotax and now it tells me I need to amend my 2018 taxes. This doesn't make much sense to me, I declared my excess, and removed it from my account exactly like turbo tax told me. Why do I need to edit my 2018 taxes. What do I need to do?
