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Retirement tax questions
You will need to report removal of the Excess Roth IRA Contribution as indicating that the distribution was a rollover does not satisfy this requirement.
You can create a 'Substitute 1099-R' to document the removal of the Excess IRA Contribution and Rollover prior to receiving the 1099-R in 2021 if you choose.
Click this link for info on reporting for Reporting Excess IRA Contributions.
This link gives info on creating Form 5498.
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‎February 8, 2021
11:11 AM