No, you will not receive a 1099-R right away for the withdrawal of the 2019 excess contribution. You will get a 2020 1099-R sometime in early 2020 reporting the removal of the excess contribution and any associated earnings. You will need to amend your 2019 tax return at that time if there are earnings on that 2019 excess contribution.
You don't report anything on your 2019 tax return at this time, not even that you made the 2019 Roth excess contribution. Because you are having it withdrawn by the due date of your tax return, it is as if it was never made for the tax return you are filing.
If your withdrawal of the excess contribution isn't going to be made by 7/15/2020, you can file an extension of your tax return on 7/15/2020, to give your trustee more time to get the excess contribution removed. Then when you ultimately file your 2019 tax return, you will not report the 2019 excess contribution.
@kapsabhi
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
