capntangen
Returning Member

Retirement tax questions

I'm also confused. 

In Jan 2021, I withdrew my excess roth contributions from 2019 ($670) into a traditional IRA. I also contributed $6000 to a traditional IRA for 2020 and then converted the IRA to my roth that I've had since 2013. 

 

I paid the $40 fee for 2019 and re-submitted my taxes for 2019 and paid something in 2020 taxes by entering the info in myself even though I didn't have the form yet.

 

I now have two 1099-R for 2021-- one for 7,296.80 (the traditional to Roth conversion) and one for 670 (the excess from 2019). Not sure if I did something wrong, but it reduced my refund by thousands of dollars when I entered these. 

 

Thanks for your help!