While I did not have a Form 5329 for 2021, I did have a Form 5498 for 2021 which reported the $6k Roth IRA contribution for 2021.
My 1099-R for 2022 lists the gross distribution (box 1) as $4.5k, the taxable amount (box 2a) as 0, and I have Distribution codes (box 7) P & J. The rest of the boxes are empty/nothing else is checked.
While filling out my 2022 tax forms, TurboTax prompted me to file an amendment for 2021, so I may have inputted something incorrectly. I am attempting it again. Here are the relevant pieces of information I have now inputted in TurboTax:
Documents Imported - I imported my Schwab 1099-R which lists $4.5k
Retirement Plans and Social Security section - lists the $4.5k from Schwab 1099-R
Retirement and Investments section - I am listing that I will be contributing $6k to my Roth IRA for 2022
“Do you have any excess Roth contributions? Tell us if you contributed more to a Roth IRA than was allowed in 2022 or any previous year.” - Should I list the $6k excess from 2021 here?
“Contributions Withdrawn Before the Due Date. Enter any contribution that you withdrew before April 18, 2023.” - Should this be listed as $6k for the amount I contributed to my Roth IRA for 2021? Or listed as the amount actually withdraw post-loss, $4.5k?
