ROTH IRA excess contribution

[Opus 17]

@Emy95 

It sounds correct, except that the amount of excess you remove in the contributions section (contributions removed before the due date), should be the amount of contributions not including income.  The income is covered when you enter the 1099-R as income.  This will not change your tax but it could affect future calculates of Roth withdrawals.

You can ignore the "removed before April 15" deadline, that does not apply if you have not filed your original return yet and you have an extension. 

[Emy95]

Oh okay I corrected that part. 

I’m ready to submit but under the review page, how come I don’t see the Form 1099R? I only see Form 5329. Is that how it’s supposed to be?

Sorry I got so many questions. I appreciate your help. 

[fanfare]

Always print a copy of your completed tax return for your records, and review it carefully before e-Filing.
You will need it if you are audited by the IRS, to contact the IRS, or to amend if a TurboTax update changes your return or for any other reason,

AND, to find your AGI next year.

IRS cares nothing about the TurboTax review/xummary; that's for your convenience.

@Emy95