topic Re: 1099-R in Retirement tax questions

1099-R

march3john — Mon, 23 Feb 2026 12:27:40 GMT

So I removed an excess Roth IRA contribution and earnings because of having no income for 2021. Before I filed my taxes in 2022 I created a 1099- R with codes P and J and paid taxed on the earnings. Now I have a 1099- R which shows taxable earnings also partial federal and state tax withholding. I was told from another post to copy the 1099 R if I had withholding otherwise to ignore it if I did not. My question is am I being taxed twice on the earnings or should I leave that line blank

Thanks much

Re: 1099-R

SantinoD — Thu, 16 Feb 2023 23:15:38 GMT

To clarify, you mentioned that you "created" a 1099-R. Are you saying that you created one yourself? So now you have two 1099-R's?

Re: 1099-R

march3john — Thu, 16 Feb 2023 23:31:39 GMT

I created a 1099-R for 2021 taxes as suggested by a reply to my earlier post with codes PJ since the withdrawal was done in 2022 and I would not receive a 1099 R for 2021. I was told to ignore the 2022 1099-R when it arrived from my brokerage unless it showed withholding taxes which it does. It also shows the taxable amount of the earnings withdrawal which was already paid taxes on from my created 1099-R on mu 2021 taxes . If I input all the info including taxable earnings it looks like my earning will be taxed again for 2021.

Thanks for any help

Re: 1099-R

SantinoD — Fri, 17 Feb 2023 00:02:36 GMT

To clarify, you filed a 1099-R as the Payer and the Payee?

Re: 1099-R

march3john — Fri, 17 Feb 2023 00:14:44 GMT

As Payee . I downloaded the 1099-R from Turbo Tax before April 2022 for my 2021 taxes so I would not have to pay excess contribution penalty and I also included my taxable earnings . The one 1099-R for 2022 was from my brokerage and included partial withholding taxes which I did not include on my created 1099-R since the withholding was made it 2022

Re: 1099-R

VolvoGirl — Fri, 17 Feb 2023 00:22:20 GMT

@dmertz can you add to this?

Re: 1099-R

march3john — Fri, 17 Feb 2023 00:33:15 GMT

I don't think what else there is to add

Re: 1099-R

march3john — Fri, 17 Feb 2023 00:33:29 GMT

know

Re: 1099-R

dmertz — Fri, 17 Feb 2023 01:24:18 GMT

2022 TurboTax knows to ignore a 2022 Form 1099-R with codes P and J in box 7 except to credit on your 2022 tax return any tax withholding shown on the form. TurboTax does not include anywhere on your tax return the amounts shown in boxes 1 and 2a of the form.

Re: 1099-R

march3john — Sat, 18 Feb 2023 22:04:15 GMT

Yes this worked just finished and field my taxes

Thank much

Re: 1099-R

frederick8 — Tue, 11 Apr 2023 15:52:37 GMT

1099-R for govt retirement employment.

were to enter

Re: 1099-R

DoninGA — Tue, 11 Apr 2023 15:54:42 GMT

@frederick8 wrote:

1099-R for govt retirement employment.

were to enter

To enter, edit or delete a form 1099-R -

Click on Federal Taxes (Personal using Home and Business)
Click on Wages and Income (Personal Income using Home and Business)
Click on I'll choose what I work on (if shown)
Scroll down to Retirement Plans and Social Security
On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button

Or enter 1099-r in the Search box located in the upper right of the program screen. Click on Jump to 1099-R