Enter the contribution into the 2019 IRA contribution interview on an amended 2019 tax return to produce a 5329 with the excess and a 6% 2019 penalty.
Do the same for 2020 and say the excess was not removed for another 2020 5329 with the 2020 6% penalty.
You will receive a 2021 1099-R to report the removal on yiur 2021 tax return next year.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
