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Retirement tax questions
I made ROTH IRA contribution in 2019 and came to realize that it was excess when I am filing my taxes. I have submitted the request to withdraw the excess completely prior to filing deadline of July 15, 2020.
I had invested the above money into stock and made an earning in 2020.
Two questions:
1. Will I receive a revised 1099-R right away that needs to be reported in my 2019 Tax Return?
2. Can I file 2019 tax return reporting I have requested withdrawal and deal with 1099-R in 2020 Tax Return filing?
‎July 14, 2020
12:59 PM