qbteachmt
Level 15

You won't use Form 4852. You will get the real 1099-R for 2021 activities in 2022.

"but the earnings withdrawn need to be reported on 2020."

If you are filing 2020, but the corrective distribution didn't happen until 2021, then you have reportable taxable earnings for 2020 and you deal with the excess contribution (if that also applies) but you don't have a "withdrawn" condition and you will have the 2020 earnings amount, not the Withdrawn 2021 amount earnings, as taxable (it's taxed for each year). That doesn't go on a 1099-R or any substitute. That is Form 5329:

https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-form-5329-additional-taxes-on-qualified-r...

https://www.irs.gov/forms-pubs/about-form-5329

It isn't clear if you also need Form 8606; it isn't clear if this is Trad IRA, Roth, nondeductible Trad IRA, backdoor Roth, etc.

I have found the consumer-oriented articles much easier to use than the IRS, for initial review of what applies. I like investopedia's articles.

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