How do I report a corrective distribution from a withdrawal of excess Roth IRA contributions and earnings? Made in 2024 withdrawn in 2025, no 1099-R will be issued.
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How do I report a corrective distribution from a withdrawal of excess Roth IRA contributions and earnings? Made in 2024 withdrawn in 2025, no 1099-R will be issued.
I'm under 59-1/2. IRS instructions for Form 8606 says not to report on Form 8606 but must be reported on 1040, line 4A and 4B along with an explanation. Form 5329 also looks like it should be filed.
posted
yesterday
last updated
March 11, 20256:22 PM
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