Last April you mentioned that the simplest way to resolve this was to treat it an a return of excess contribution after the due date of the 2018 tax return and report on 2017 as excess and treat the distribution on 2018 return by entering a zero in box 2a on 1099-R form prompting Turbo Tax to treat the distribution as nontaxable,, to apply the distribution on Form 5329 to eliminate the excess carried in from 2017 and to ask for an explanation of the return of excess contribution after the due date of the 2017 tax return however we did not continue as to where to put the earnings. Also after checking the initial investment a commission of $19.99 was charged so 6480.01 was actual amount. Can you please elaborate on this solution.
