2025 Roth Excess Contribution Removal

[AL6191]

Hello,

I contributed $2,600 to my Roth IRA and then found out later I am over the income limit to make any contribution to a Roth IRA.  I need to remove the excess contribution plus NIA.  I plan on removing the excess prior to the tax deadline.  My question is do I complete the 1099R form on my 2025 tax return even though I will not receive the 1099R form until 2026? If I can fill out the form now, can you please provide what the answers would be to the form questions?  Do I use code P and J or 8 and J?

Example:
Excess contribution: $2,600

Gain: $886.47

Thank you

[ThomasM125]

Yes, you can enter the Form 1099-R now. To enter a refund of excess IRA contributions received in 2026 for 2025 contributions on your 2025 return, follow these steps:

1. Go to the Wages and Income section of TurboTax
2. Find the Retirement Plans and Social Security menu
3. Start or Update IRA, 401(k), Pension Plan Withdrawals (1099-R)
4. Choose Add Another 1099-R
5. Choose I'll type it in myself
6. Enter your distribution information on the 1099-R template
7. Enter the distribution amount in box 1 of the substitute 1099-R
8. Enter the earnings in box 2(a)
9. Enter code "P" in box 7 (And code "J" if from ROTH IRA)
10. Choose the year that will be printed on the 1099-R when asked
11. On the screen that says Do Any of these Situations apply to you? Choose I need to file a substitute Form 1099-R