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First, as you will report that you intend to return the excessive contribution back in your return. Here go to federal>deductions and credits>retirement and investments>Traditional and IRA Contributions. Scroll the the screens until you reach a screen telling you you have a penalty. Here you will report the excess contribution you will return by the due date of the return.
Now you need to report the return of the distribution. I would suggest reporting the withdrawal of the excess contribution on your 2023 return in the following manner.
The codes you will need for box 7 are J and P. Since this is a Roth IRA the only amount that is taxable are any earnings on the excess contribution.
You will receive a 1099-R for the withdrawal in 2024 you do not need to report the information since you have reported it on your 2023 tax return.
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