Question

How to convert IRA early distribution to excess removal?

Forum|Forum|6 years ago
February 12, 2020
1 reply
0 views

I found out I over contributed by Roth IRA account last year, and I took some bad advice on the internet to withdrew the money out.

Turns out I need to do a special excess removal. I called my IRA provider to fix the 1099-R they sent but they said it is too long ago nothing they can do.

Can I do a substitute 1099-R?

TurboTax Online

V

VictorW9

Just like your provider already told you, there is nothing much you can do. The transaction has taken place and the reporting year is the past. And NO, you cannot do substitute 1099-R to yourself.

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