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Retirement tax questions
If you remove the excess before April 15, 2020 go through the section in Deductions and Credits>Retirement and Investments>Traditional and Roth Contributions.
As you go through the screens you will come to a page titled Contributions Withdrawn before Due Date here you enter the amount you with drew. By reporting is here you will not have to pay the 6% penalty for the excess contributions.
You will receive a 1099-R in 2020 for the withdrawal to be reported on your return for 2020.
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March 1, 2020
8:56 AM