taxrookie
New Member

Retirement tax questions

Thanks macuser_22, First question: how about 1040 line 15a (IRA distributions) and 15b (Taxable amount) under Income section?  I have read conflicting Q&A's that excess contributions withdrawn should be reported here, with the total (contribution + earnings) for 15a and any earnings on the excess contribution on 15b?

second question: When TurboTax is asking me to "Enter any contribution that you withdrew before April 17th 2018" ... I should leave that blank because I will be reporting this situation on the mock-1099R?
(I was not eligible to contribute at all due to MAGI but i contributed full amount of $5,500 during 2017)