Hi @DanaB27 sorry for bugging you. I've googled and found this thread that is very similar to my situation and your answer seems to work for me exactly.
However I have 2 quick follow ups and hope you can share your thoughts:
1. I made the contribution of 7K to Roth IRA in Feb 2025, for 2024 , and later requested return of excess in April 13 2025 before the tax deadline with $30 earning, so total of $7030. The only difference from OP is that my contribution is made in 2025 for 2024. But I think the solution you suggested above still applies to me right?
2. Do I expect form 8606 to generate? After I followed your solution, by entering form 8606 with code PJ, and select year 2025 for this 1099-R, I don't see 8606 generated. I thought a distribution from Roth IRA should trigger 8606? But is it because return of excess is not considered an actual distribution ?
Thank you!
