Hello,
I contributed $2,600 to my Roth IRA and then found out later I am over the income limit to make any contribution to a Roth IRA. I need to remove the excess contribution plus NIA. I plan on removing the excess prior to the tax deadline. My question is do I complete the 1099R form on my 2025 tax return even though I will not receive the 1099R form until 2026? If I can fill out the form now, can you please provide what the answers would be to the form questions? Do I use code P and J or 8 and J?
Example:
Excess contribution: $2,600
Gain: $886.47
Thank you
