@TurboTaxMichaelL1 Thank you for providing this! I have a follow up question:
I am confused in steps 4 and 5. I received two 1099-R forms and have reported the withdrawals in the 'Retirement Plans and Social Security' section. However I only received 1099-Rs with codes 8 and 8B.
Do I ALSO need to create my own 1099-R with code P to write in the amount I over-contributed?
As I did not receive this 1099-R.
My overcontributions were withdrawn at a loss, so it also had me separately write in the loss amounts under 'Miscellaneous Income' - 'Other reportable income'. Is this correct?
Any additional information would be greatly appreciated! Thank you!
