markm3000
New Member

Retirement tax questions

Right or wrong, I decided to report the gain (or loss) from my excess ROTH IRA contribution on line 21 (Other Income) on Form 1040 once I reported the excess contribution to the account using the IRA contribution worksheet and Form 5329-T.  It was simply the easiest place to recognize the gain since I would not be receiving a 1099-R until Jan 2019.