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I'm in the same boat....

Now I've overcontributed and filled out the forms to remove the excess contributions and earnings (which Waterhouse won't calculate). I'm going to take the forms down to the office on Monday. So what should I expect now? Apparently I need to receive a 1099-R from them. Will this happen in quickly? Since they didn't calculate and don't know what part of the distribution is earnings this won't show-up on the 1099-R anyway. So how do I fill out the IRS forms to show the amount of the distribution that is earnings and subject to the 10% penalty?

If anyone has been through this I would appreciate some feedback. I'm a bit stressed out by this whole predicament.


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