I've got a 1099 R for 2025 which shows the gross distribution (contribution + earnings) in box 1 and the earnings only on in box 2a. I can amend 2024, but the 1099R is for tax year 2025 which would also be reported in tax year 2025 so it seems like a duplication. The majority of the earnings would be for 2024, but there would be 4 months of 2025 earnings too. I don't have separate 1099R's for 2024 and 2025 breaking out the earnings by year. I was told we'd have a 6% penalty on the contribution error but I'm not sure if it should be in 2024 amended or 2025 tax year. What are your thoughts? Thank you.
