Thanks in advance.
Made excess contribution to Roth IRA during the calendar year 2025.
Realized while doing tax return in Feb2026. (let us say the excess payment as $ x )
Understand can be recharacterized or removed before 15Apr26 and avoid 6% penalty.
Spoke to ROTH IRA administrator, they were helpful, transferred the entire excess payment
and the earnings made by excess payment to my regular (non-Roth non-IRA) brokerage account
within the same brokerage company.
The transferred amount is $ y = $x + $e (earnings made by $x during 2025). Obviously this earning
was made in year 2025. [The transfer was done in Feb 2026 ]
How do I report this earning Earnings $e made in year 2025 in my tax return the form for year 2025.
But the brokerage says that they will provide a 1099-R only in Jan2027, which will not be useful for
filing 2025 tax return before 15Apr2026.
How does one handle this?
thanks and good day
