Thanks @DanaB27. To close the loop on this:
I reached out to my financial institution (Vanguard) regarding the matter. They confirmed that b/c the excess contribution (now withdrawn) was made exclusively in 2023, the earnings from this (1099-R) will be reported as taxable income on next year's return (tax year 2023), not this year's return (tax year 2022).
Just to clarify this thread, my initial "Respectfully, I think this is in accurate" comment was in response to DanaB27's original response which outlined only the 2022 guidance. It has since been edited to account for 2023 reporting.
