We had an excessive Roth IRA contribution for 2023. We didn't discover this until filing taxes. Our investment firm removed the excess before filling date. The excess contributions were $15,000 (7500 each, MFJ). The earnings were roughly $2300 and change. I owe tax on this but am unsure of the best way to handle this without paying a penalty. I won't receive a 1099-R until Jan/Feb of 2025. I have letters from the brokerage firm, EJ, indicating the excess contributions and earnings on said accounts. Can I file an amended return for 2023 using a substitute 1099-R (IOW, I'd just enter contributions on line 1 and earnings in 2b), let TT figure out the additional tax owed (roughly $600) and just make a direct payment to IRS or should I wait until I receive the 1099-R and file with my 2024 return? Any insight would be greatly appreciated
