mmttxcomm
New Member

Retirement tax questions

 

My broker rejected my request to withdraw my mistakenly converted RMD into my Roth Ira as "excess contribution". They say I must take it as a distribution.

Is the 1099 form produced by a broker when you withdraw an excess contribution via conversion  to a Roth IRA  the same as the one for a distribution from the same Roth ira?

Can anybody explain the different consequences, if any,