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CP2000 in regard to missing 1099-R report for Roth IRA excess contribution
Hi, I made an excess 2014 Roth IRA contribution in 2014 March, but I also did make an early distribution in 2015 March to avoid this excess.
However, I got a CP2000 noting that in tax year 2015 I forgot to report 1099-R (this 2015 1099-R show Line 2a as 0.00 taxable amount and Line 7 as Code J).
In such case, what's the best practice to to correct this issue and answer this CP2000 notice? Also, if I need to do tax return amendment, which tax return year i should do the amendment? 2014 or 2015?
Thanks.
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‎June 6, 2019
7:44 AM