Thank you for your response. Is there a different way than creating a substitute Form 1099-R? the 1099-R is technically correct ( have the correct dollar amount pulled from the account which is the excess + earnings) and that’s how the IRS expects it to be coded when the proper procedure isn’t followed. Also filing 4852 could raise red flags
If its to change the code or change how it’s classified, the IRS may delay the return, request documentation and possibly view it as a misreporting of tax forms?
If I want to report the excess as income how to attach the explanation statement in Turbotax for efile?
