Solved: I received a 2016 1099-R with box 2a (Taxable Income) = 0.00 and box 7 (distribution code) = PJ. Do I need to file ammended tax return?

I received a 2016 1099-R with box 2a (Taxable Income) = 0.00 and box 7 (distribution code) = PJ. Do I need to file ammended tax return?

I understand the codes mean distribution from ROTH IRA due to excess contribution.

posted

No, you do not have to amend your 2015 return (the year of the excess contribution). The 1099-R makes no difference.

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No, you do not have to amend your 2015 return (the year of the excess contribution). The 1099-R makes no difference.

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

I received a 2016 1099-R with box 2a (Taxable Income) = 0.00 and box 7 (distribution code) = PJ. Do I need to file ammended tax return?