Thank you @FangxiaL for your reply.
I have a follow up question. In your reply to my Question-1, you mentioned in #3 "If the box 2a amount was not already handled this way on your 2020 tax return"- Could you please shed more light on this comment? I did mention excess contribution in my return and Form 5329 was generated as part of 2020 tax return. This 5329 form does mention the taxable earnings ( In line 1 as early distributions) and additional tax 10% in line 4. Is that what you mean by handling in 2020 return? Can I say if form 5329 was generated as part of 2020 tax return, this means it was handled? I did not create a placeholder 1099-R form as suggested in other posts on same topic, if that is what you meant by handle.
Based on your response it looks like I would need to amend 2020 return with the 2021-1099-R i have received. And, I would need to add the same 2021 1099-R in my 2021 return as well. Is that Correct?
Thank you again for your response.
