DanaB27
Expert Alumni

Retirement tax questions

The withdrawal of the excess contribution for 2021 (even when made in 2022) removed in 2022 will be reported on a 2022 Form 1099-R with codes P and J. 

 

If you had an excess made for 2022 and remove in 2022 then you should get another 2022 Form 1099-R with code 8 and J. This would go on your 2022 tax return.

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