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Thank you in advance for your assistance.  I made a Roth IRA contribution of $7,000 in 2024.  At the end of the year I fell into the phaseout range and had an $1,120 excess contribution.  I removed that and the earnings of $398.      As expected, in early 2026 I received a 2025 1099-R reporting the full withdrawal and the taxable amount, however when I amended 2024 the $398 earnings increased my MAGI.  The new excess was $1,400.  So $280 more than I removed.  So, I was correctly assessed the 6% penalty on the $280 on the amended return.   my question involves the remaining $280 excess.  At this point I have to remove it, but believe I can do so without removing more earnings, thus no MAGI increase issue.   It’s now March 2026. I’m wondering if I should be requesting a removal of additional excess or an actual withdrawal of prinicipal.  And then how that gets reported so the 6% penalty stops running.  I believe I’ll have another 6% for 2025, but not after that.     So, if removed in 2026 will I get a 2026 1099-R next year (2027)?   And if so how do I report it?   Do I send in a separate 5329 or input to the 2027 taxes.  And if I request an actual distribution how does the IRS know it’s the $280 to cover the excess from 2024.   I assume no 10% penalty is assessed as it’s a Roth.     If I will get a 2026 1099-R to file next year can I create a substitute and report it this year, or should I wait? And how do I report it correctly?   File a 5329 now or include it in the tax return?  I apologize for the length but without all the info it would be hard to answer accurately.  Again, thank you in advance for any info you can provide.   I use TT premier desktop    Gina

Card Expired, so I have been trying to update. I am living in Portugal, but have accounts in the US. I have now tried two different US accounts (1 credit, 1 debit) and one Portuguese account (debit). I keep getting a "Whoops!" message after inputting all the info (although in the case of the Portuguese bank, I cannot enter an address because there are only fields for US addresses). I am beyond frustrated.

I have desktop 2025.  I e-filed and the IRS accepted my return several weeks ago.  As of Sunday morning, 3/8 the downloaded, desktop version for amended returns is not working.   When I open desktop version, confirm current version and updates, and click on the "Amend return" a blank return is opened and I cannot open my return.  I spent an Hr online and $60 for expert help.  Net, the suggestion is to wait another week.  UNBELIEVABLLY Poor communication, for weeks on this topic.  Wow.  

I AM READY TO FILE S-CORP 1120-S RETURN 2026 OF NI LLC. I HAVE PURCHASED A CD IN THE NAME OF NI LLC IN 2025. THAT CD HAS EARNED $260 INTEREST IN 2025. BUT BANK DIDN'T PROVIDE ANY 1099 STATING THAT IT IS NOT A REPORTABLE EVENT. SHOULD I HAVE TO INCLUDE THIS INTEREST IN NI LLC 2025 INCOME? I WOULD APPRECIATE THE RESPONSE. THANK YOU. NI 03/08/26