I'm filing taxes for 2022 and 2022 is the year when I made excess contribution due to a job change. I contacted my financial institution in March, 2023 and got it corrected. My financial institution returned to me amount which is less than my contribution, it looks like they deduct 10% as early withdrawal fee already. So my question is how do I report this on 1099-R as I will only get it next year. What amount do I report in boxes 1 and 2a? Should it be the amount for which I received the check? or should it be original amount of excess contributions? At this point I don't even know if there's any earnings. Would I be able to claim this 10% deduction already done by my financial institution? If the amounts are very different on 1099-R next year, how do I make the corrections?
