I contributed an excess amount to a Roth IRA in 2020. I requested the excess contribution and earnings back from the financial institution. I reported the earnings on the "other reportable income" section on TurboTax. The financial institution also told me complete a 5329 form. I have searched the boards for how to complete the form, but did not have any success. A 5329 form was mentioned in a post, but was never discussed further. Was the individual I spoke with correct in that I need to complete the 5329 form. If so, can anyone lend a helpful word on how to correctly complete the form? For Line 20 - 2020 distributions from your Roth IRA, is that how much I contributed or earnings or a combination?
Thank you in advance.
