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I made an excess roth contribution in 2017 and received a 1099R in 2018. How do I amend 2017 return? Can't find a PJ code in 2017 entries for 1099R.

 
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2 Replies
cpodleis
New Member

I made an excess roth contribution in 2017 and received a 1099R in 2018. How do I amend 2017 return? Can't find a PJ code in 2017 entries for 1099R.

I believe its too late for 2017. I believe you get charged interest on the excess Roth contribution. I would suggest contacting the Financial institution that you made the excess Roth contribution. They may be able to save you the interest charge and correct the excess roth contribution.

I made an excess roth contribution in 2017 and received a 1099R in 2018. How do I amend 2017 return? Can't find a PJ code in 2017 entries for 1099R.

There are 2 entries for box 7, put the "P" in 7a and the "J" in 7b.

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