Retirement tax questions

If you requested the return of excess contribution but they issued a 2024 Form 1099-R with code J and refuse to correct it then you can file a substitute Form 1099-R. 

Form 1099-R instructions state: For the distribution of excess Roth IRA contributions, report the gross distribution in box 1 and only the earnings in box 2a. Enter Code J and Code 8 or P in box 7.

To confirm you made the contribution for 2024 and returned it in 2024? If yes, then your Form 1099-R should have codes J and 8.

In TurboTax Desktop:

1. Click "Federal Taxes" on the top and select "Wages & Income"
2. Click "I'll choose what to work on"
3. Scroll down and click "Start" next to "IRA, 401(k), Pension Plan (1099-R)" 
4. Answer "Yes" to the question "Did You Have Any of These Types of Income?"
5. Click "I'll Type it Myself"
6. Choose "Form 1099-R, Withdrawal of Money from 401(k) Retirement Plans, Pensions, IRAs, etc." and check "I need to prepare a substitute 1099"
7. Box 1 enter total distribution (contribution plus earning)
8. Box 2a enter the earnings
9. Box 7 enter J and 8
10. Click "Continue"
11. Click "Continue" after all 1099-R are entered and answer all the questions.
12. Continue until "Did you use your IRA to pay for any of these expenses?" screen and enter the amount of earnings under "Corrective distributions made before the due date of the return".

In TurboTax Online:

1. Click on "Search" on the top right and type “1099-R” 
2. Click on “Jump to 1099-R” 
3. Select "Type it myself"
4. Fill out Form 1099-R with code J and 8
5. Continue through the questions until the "Do any of these situations apply to you?" screen select "I need to file a substitute 1099-R"
6. Click "Continue" after all 1099-R are entered and answer all the questions.
7. Continue until "Did you use your IRA to pay for any of these expenses?" screen and enter the amount of earnings under "Corrective distributions made before the due date of the return".