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Retirement tax questions
I am assuming you meant in your first question that you made a 2017 excess contribution and removed it in *2018*, not 2017 otherwise it would have been reported on a 2017 1099-R that you should already have received by now so you would not be asking about a 1099-R that you will receive in the future in 2019. Also that 1099-R would not have a JP code if removed in 2017 - it would have a code J8.
If you also made a contribution for *2018* and removed it in *2018*, then you will receive a 1099-R for that in February of 2019 to report the 2018 contribution. That 1099-R should have a code J8 and would be a separate 1099-R.
If you also made a contribution for *2018* and removed it in *2018*, then you will receive a 1099-R for that in February of 2019 to report the 2018 contribution. That 1099-R should have a code J8 and would be a separate 1099-R.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 6, 2019
10:24 AM