How to report return 2024 Roth excess contributions and earnings 1099-R

TKGigi · ‎February 2, 2026

In 2026, I received a 2025 1099-R for the return of excess Roth contributions I made in 2024 because I had exceeded the 2024 income limits for Roth. I withdrew both the contributions ($2,325) and the earnings ($299) in February 2025, well before the deadline. I did not, however, realize I was supposed to report the contributions and taxable amount on my 2024 returns, since I did not have a 1099 at the time.

Now today, when I entered this 1099-R on my 2025 tax return, Turbo Tax told me that I need to amend my 2024 return (which is also on Turbo Tax).

So my questions are:

1. Does this 1099-R (dated 2025) go ONLY on my 2024 amended tax return; or does it go on my 2025 return as well?

2. Where on my amended 2024 return would I account for this 1099-R? Do I just add it as an extra 1099-R for 2024, even though it is dated 2025?

3. Do I need to include the 1099-R (dated 2025) on my 2025 tax return at all? And if so, where?

Thanks for any clarity you can give me!

DanaB27 · ‎February 3, 2026

1. The 2025 Form 1099-R with codes P and J will only go on your 2024 tax return unless you had taxes withheld. If had taxes withheld then you must enter the 2025 Form 1099-R also into the 2025 tax return since the withholdings are reported in the year that the tax was withheld. The 2025 code P will not add anything to your income in the 2025 tax return but the withholdings will be applied to 2025.

2. Yes, you will enter the 2025 Form 1099-R into your 2024 amended return. There will be a follow-up question asking what year is on the Form 1099-R. This answer combined with code P will let TurboTax know this is taxable in 2024.

3. Only if you had taxes withheld will you enter the 2025 Form 1099-R on your 2025 return. Please see Where do I enter my 1099-R? The 2025 code P will not add anything to your income in the 2025 tax return but the withholdings will be applied to 2025.

Please see How do I amend my federal tax return for a prior year? for additional information.

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View solution in original post

DanaB27 · ‎February 3, 2026

1. The 2025 Form 1099-R with codes P and J will only go on your 2024 tax return unless you had taxes withheld. If had taxes withheld then you must enter the 2025 Form 1099-R also into the 2025 tax return since the withholdings are reported in the year that the tax was withheld. The 2025 code P will not add anything to your income in the 2025 tax return but the withholdings will be applied to 2025.

2. Yes, you will enter the 2025 Form 1099-R into your 2024 amended return. There will be a follow-up question asking what year is on the Form 1099-R. This answer combined with code P will let TurboTax know this is taxable in 2024.

3. Only if you had taxes withheld will you enter the 2025 Form 1099-R on your 2025 return. Please see Where do I enter my 1099-R? The 2025 code P will not add anything to your income in the 2025 tax return but the withholdings will be applied to 2025.

Please see How do I amend my federal tax return for a prior year? for additional information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"