rbtaxq
Returning Member

Retirement tax questions

Sorry why would I get a 1099R for the 2023 withdraw since I am past the due date? I know I will get one for 2024 (though will report that the earnings this year) but am unclear why I would get a 1099 R in 2025 for the 2023 withdraw? I thought I would simply pay the 6% excess tax per year and be done?  Thanks.