thanks! I love the feedback I'm getting, but sometimes, it leads to more questions.
my scenario...
- I am over 60 years old
- I made excess contribution in 8/2020
- I removed excess in 3/2021 (withholding taxes), and put that money in a brokerage account (not an IRA)
- I did not get a 1099-R
when making up the 1099-R form, I'm confused with the codes.
Since I'm old, I don't think J applies. I don't see any choice referring to 2020 contribution and removed in 2021.
And while I'm at it... Is this considered re-characterized since I didn't put the excess amount into a regular IRA?
Thanks!
@dmertz
