The tricky part is if there are earnings. Make sure you withdraw your "Excess Earnings" before you file your return. You will not receive a 1099-R until 2016, but the IRS says to include it on your 2015 return. So create another 1099-R for the earnings. Enter the Earnings on Line 1 Gross Distribution, and the same Earnings on Line 2a Taxable amount. On Line 7 use Code 7 if you are over 59 1/2. There is actually a substitute 1099/W2 form that you can link to the virtual 1099-R for the current year. It is Form 4852, "Substitute for Form W-2, Wage and Tax Statement, or Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc." There are comment field for Lines 9 and Lines 10 of the form, so you can explain the Excess Earnings, and the fact that they were withdrawn before you filed your return, and won't be reported until 2016. Anyway, the Excess Earnings then ends up on Line 16b, Pensions and Annuities. Hope this helps someone because it took me 4 days to get this right, reading the IRS forms, searching Intuit and the Internet, and talking to the IRS and Intuit.
