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Retirement tax questions
Did you use the "Request return of excess and earnings" form ?
If not you'll have to explain to the IRS what you did.
Only any earnings allocable to the contribution are taxable when you withdraw before the return due date.
If done correctly, your (future) 1099R will show that amount.
many filer put this amount on their tax return now before they get the 1099-R
so they don't have to amend their return later.
‎February 17, 2024
7:32 AM