Excess ROTH IRA contribution interest reporting

[Ronthelibrarian]

My wife and I had to withdraw all of our ROTH IRA contributions because our MAGI exceeded the limit.  

- From what I could find online, Intuit says I need to report the income this year when I file my taxes (it's about $3000 in earnings).  The site said I should get a 1099-R.

- My retirement services provider told my wife that we do NOT need a 1099-R to file our taxes, but that we will get one next year, and we will deal with it then. 

- Then I read the forums here, and other customers were told they can file the year's return without it, wait for the 1099-R that would be sent next year, and file an amended return.  

What is the correct answer?  

Thank you,

[MaryK4]

The income on the returned overcontribution must be reported in the year of the contribution.  They will send you the 1099-R for 2026 because you are receiving the distribution in 2026, but it will be coded so that you will have to amend your 2025 tax if you do not report the income this year.