Thanks for your reply! Further responses/questions:
"First, since it was returned to you, remove it form the TurboTax contribution interview as if you never entered it.”
I would love to do this if possible. But my brokerage has already reported that this was contributed (and apparently will to IRS). Minutes later I took it out through a corrective distribution and sent the funds back to where it came from in my brokerage’s taxable account. Can I truly just not enter it in TurboTax? I would be relieved if this is the case.
“Second, if there were earnings then that will be 2020 taxable income that will be reported on a 2021 1099-R that you will receive next January.”
I don’t think I'll have to concern myself with any earnings on this activity since the cash funds ($6K) went in to the Roth IRA account and the same amount of funds in cash were sent out of Roth IRA within an hour.
