@minipele8 wrote:
Okay, so I pay it on my 2019 tax return, but should wait til 2020 and amend my 2019 return once I receive the 1099-R?
As my earlier post said, IF you know the amount returned and earnings then you can enter a "dummy 1099-R" as if you already received it and ignore the real 1099-R when it comes in 2021. That will avoid having to amend 2019 as long as the dummy 1099-R matched the real one when it comes.
OR If you prefer, just don't do anything now for 2019 and amend 2019 when the 1099-R arrives - your choice.
**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.**
