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Retirement tax questions
Thanks for the reply.
There are in fact two 1099-Rs "removal of excess" from Betterment:
1.
$1000 contributed in 2018, and withdrawn before the deadline 4/15/2019. Box 1 and 2a both have $1103
That code is JP.
2.
$200 contributed in 2019, and withdrawn at the same time as the above $1000. Box 1 and 2a both have $228.
Code J8.
On both forms "taxable amount not determined" is "yes".
They also sent me a 1099-R (2019) for converting the entire $1311 from Traditional to Roth IRA.
Thanks again
March 3, 2020
3:48 PM