Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Earnings on excess Roth Contribution

Highlighted
Level 1

Does anyone know how to reflect the earnings on an excess Roth contribution?  Note - the withdrawal will be made in 2020 so there is no 1099 received for the 2019 tax year.

Labels (1)
0 Cheers
3 Replies 3
Highlighted
Level 12

Are you looking for something like this:

https://www.law.cornell.edu/cfr/text/26/1.408-11

Because I just search the googles.

*******************************
"Level Up" is a gaming function, not a real life function.
0 Cheers
Highlighted
Level 1

its related to the topic but am trying to figure out how to include the income in the 2019 tax return in the proseries software for the client.  i have all the amounts, just cant seem to find where to enter

 

0 Cheers
Highlighted
Level 1

Did you ever find out how to do this?  I'm trying to figure out the same thing.

0 Cheers