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Retirement tax questions
No, the IRS should not come back since you removed the excess contribution and had no taxable income to report on your Form 1099-Rs. If you choose to amended your 2022 tax return then TurboTax will add the explanation statement why you returned the excess contribution when you enter your 2023 Form 1099-Rs with code PJ on your 2022 tax return.
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‎February 25, 2024
8:10 AM