2025 Roth Excess Contribution Removal

AL6191 — Tue, 10 Mar 2026 18:55:06 GMT

Hello,

I contributed $2,600 to my Roth IRA and then found out later I am over the income limit to make any contribution to a Roth IRA. I need to remove the excess contribution plus NIA. I plan on removing the excess prior to the tax deadline. My question is do I complete the 1099R form on my 2025 tax return even though I will not receive the 1099R form until 2026? If I can fill out the form now, can you please provide what the answers would be to the form questions? Do I use code P and J or 8 and J?

Example:
Excess contribution: $2,600

Gain: $886.47

Thank you

Re: 2025 Roth Excess Contribution Removal

ThomasM125 — Tue, 17 Mar 2026 17:56:52 GMT

Yes, you can enter the Form 1099-R now. To enter a refund of excess IRA contributions received in 2026 for 2025 contributions on your 2025 return, follow these steps:

Go to the Wages and Income section of TurboTax
Find the Retirement Plans and Social Security menu
Start or Update IRA, 401(k), Pension Plan Withdrawals (1099-R)
Choose Add Another 1099-R
Choose I'll type it in myself
Enter your distribution information on the 1099-R template
Enter the distribution amount in box 1 of the substitute 1099-R
Enter the earnings in box 2(a)
Enter code "P" in box 7 (And code "J" if from ROTH IRA)
Choose the year that will be printed on the 1099-R when asked
On the screen that says Do Any of these Situations apply to you? Choose I need to file a substitute Form 1099-R

topic 2025 Roth Excess Contribution Removal in Retirement tax questions

2025 Roth Excess Contribution Removal

Re: 2025 Roth Excess Contribution Removal