turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

justysvo
New Member

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 Made in 2024 withdrawn in 2025, no 1099-R will be issued.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.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question