DianeW777
Expert Alumni

Retirement tax questions

A 5329 will not be generated if there were no excess contributions.  They were removed timely and you indicated the taxable amount on the Form 1099-R is zero (box 2a).  It's not yet clear of the year printed on your Form 1099-R(s).

 

There is nothing to amend since the money was removed and there were no earnings to report or pay excise tax on (Form 5329).

 

As indicated by @dmertz and @fanfare, based on your comments there is nothing to amend for 2021.  Dividends in a Roth IRA will not be reported on Form 1099-DIV at any time.  Distributions will only appear and be reported on Form 1099-R.  Only your regular brokerage account will report dividends earned.

 

The code descriptions you requested are:

8—Excess contributions plus earnings/excess deferrals (and/or earnings) taxable in 2022.  (If there is any taxable amount in Box 2a.)

J—Early distribution from a Roth IRA, no known exception (in most cases, under age 59½).

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