Hi,
This is my first time posting on TT Community. I am impressed that it is a pretty interactive tool.
First, thank you for your explanation. The issue here is that the 1099-R that will be issued next year has more than the returned excess reported on it. It will have some earnings, probably a few dollars, and mainly the tax withheld, federal and state. How to handle the 1099-R next year if you already added the returned excess to the wages in the current return?
Thanks!
Nancy
