Excess Roth contributions and distribution

[Billbill2]

Greetings,

I could use your help. In 2022, I made the 6,000 contribution to my Roth Ira. At the end of the year I realized I exceeded the income limit for contributing to IRAs. In June of 2023, I had my IRA Company make a distribution of those funds and they determined it was $6,322. They gave me a 1099-R with the amount and the code PJ, and the tax form says 2023. 

1) Do I list my contributions on the 2022 as 6,000 or 0?

2) Do I document the 1099 distribution in 2023 or 2022?

3) Would that distribution increase my AGI for 2022 or 2023? Keep in mind they were roth contributions. 

[DanaB27]

1. You list the 2022 contribution as $0 since you withdrew the excess plus earnings before the extended due date.

2. The 2023 Form 1099-R with code PJ belongs on the 2022 return. If you did not report the earnings shown in box 2a on your original filed 2022 return then you need to amend your return. Please see How do I amend my federal tax return for a prior year? If you had taxes withheld then also enter it on your 2023 return since the withholdings are reported in the year that the tax was withheld. The 2023 code P will not do anything to your income to the 2023 tax return income but the withholdings will be applied to 2023.

3. Yes, the earnings would increase your AGI on your 2022 return.