I am sorry and hope I am making sense but I am very confused right now.
I contributed the full $6,500 on 2/9/24 for prior year 2023.
I then discovered I had overcontributed to my RothIRA for 2023 of $2537.00 based on my modified adjusted gross income that was made in 2023.
I then had the bank (which took them 6 months of me asking) to withdraw both the excess contribution of $2537.00 and the excess earnings withdrawal of $67.78 (that was all accrued only from Feb-Sept, 2024- none of the interest was made in 2023 since all of this took place in 2024).
If I add the $67.78 as earned in 2023 on the 2a box of 2024 1099-R form on my 2023 taxes, it is showing as if that $67.78 was earned in 2023 which it was not. It was interest solely from 2024 (Feb-Sept, 2024).
Can I instead report the 2024 1099-R form as it is listed without any of the taxable amount in 2a on my amended 2023 taxes. Then add the correct $67.78 somewhere on my 2024 taxes to pay the taxes due on that for 2024 since none of that was made in 2023?
Because otherwise this $67.78 that was made in 2024 is now again affecting my 2023 taxes. I would not be able to fix this with just an extension since the extension would only be for 2024. I did not contribute anything to my rothIRA for 2024 to avoid this mistake again.
I really appreciate you taking the time to read my questions and help me because I am in need of help with this to resolve this.
