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taxgirl41
New Member

I made excess ROTH contribution in 2018.I pulled out excess&gain in Mar2019.I dont have 1099R for 2018 reflecting this.Can I put on 2018 now so I don't have to amend?

I understand how to fill out the total distribution and taxable amounts part of the substitute 1099R, but I am confused by the codes in Box 7.  Why would I use the P & J instead of an "8" - excess contributions plus earnings taxable in 2018?

My total over contribution was 250, and my gain was $9.97. For such little gain I don't want to amend the 2018 return in 2020.  Also, I am under 59 1/2, so it is an early distribution as well.

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1 Reply
manningdr
New Member

I made excess ROTH contribution in 2018.I pulled out excess&gain in Mar2019.I dont have 1099R for 2018 reflecting this.Can I put on 2018 now so I don't have to amend?

Turbo Tax cannot help you here  They have a fault that they cannot fix
you must print and file.  What a waste

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