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Retirement tax questions
Yes, you will receive a 2019 1099-R if removed in 2019.
What yesr was the contribution for - 2017 or 2018?
What will be on the 1099-R depends if it was a 2017 contribution made in 2018 or a 2018 contribution made in 2018. It also depends if you just took a "normal" distribution or if you asked the IRA custodian for a "return of excess contributions".
How to enter depends on how it will be reported and which year the contribution was for.
What yesr was the contribution for - 2017 or 2018?
What will be on the 1099-R depends if it was a 2017 contribution made in 2018 or a 2018 contribution made in 2018. It also depends if you just took a "normal" distribution or if you asked the IRA custodian for a "return of excess contributions".
How to enter depends on how it will be reported and which year the contribution was for.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 3, 2019
11:15 AM