The 2018 Form 1099-R with code J and the 2019 Form 1099-R with codes P and J belonged both on your 2018 tax return. Only the earnings that are shown in box 2a of the 2019 Form 1099-R with codes P and J are taxable on your 2018 return. Since you removed the excess plus earnings before the due date you should have entered during the IRA contribution interview on the penalty screen that you removed the excess contribution by the due date.
In the following year (2019), you should have answered "no" on the "Do you have any Excess Roth Contributions" screen and deleted any amount carried over. This will delete the 6% penalty on Form 5329 on your 2019 return.
- Click on "Search" on the top right and type “IRA contributions”
- Click on “Jump to IRA contributions"
- Select “Roth IRA”
- On the "Enter Excess Contributions" screen delete the excess amount that was carried over.
You will have to repeat the steps for 2020, 2021, and 2022 to remove the 6% penalty.
Please see How do I amend my federal tax return for a prior year?
@dpreas2017
[Edited 3/22/2023 | 4:58 am PST]
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