Hello dmertz,
Thank for the fast reply!
She has only $3500 scholarship, which has no 1099 forms, so I entered that number into 1098-T interview page as scholarships. So she has a $6000 excess contribution, the best way to fix the problem is to request the return of contribution, correct?
Questions:
1. no need to file the 1st 1099-r with box 2a -$20.4?
2. plugged the 2nd 1099-r with box 1 - $1250, but I don't see this distribution on line 20 for form 5329, there is no form 5329 generated.
3. if I call vanguard and request the return of $6k, most likely it will be less than $6k, for example she might have a lost of $1200. then I need to pretend I received a 3rd 2022 1099-r, and plug the numbers as below:
box 1- $6000,
2a - $0,
2b -?
box - J, P
box 16 -$6000
Thanks so much for your help! BTW, since she has no income, do I need to do the above filing at all?
Chris
