Hello. Hoping someone can help me with this question. I just withdrew a prior year excess contribution (for tax year 2019) and had already filed my taxes back in March. My understanding is I had until October to do this. The IRA custodian said I will get a 1099-R in February with a code JP (indicating it’s a prior year excess contribution withdrawal). My question is, do I have to amend my taxes now to include the earnings or can I wait until I receive the 1099-R (which I would prefer to do) so I can be sure of the number that shows up as earnings under box 2a. Would appreciate any guidance.
