Roth Cancelled - Tax question

[Raipur Taxpayer]

I invested 1600 in 2020 in a Roth IRA. In 2021 added some more amount. But while filing taxes yesterday I found the AGI is higher than allowed. So I can't do Roth. I closed the account and asked for entire amount (contribution + earnings). They said they will send a check, and a 1099-R next year.

I know that the contribution is non taxable and can be withdrawn any time. I also know that the earnings (about 100 dollars) will be subject to tax and penalty. I don't mind that because the amount is so small.

Question 1: While filing 2020 tax (I got an extension) should I declare the 1600 amount as Roth IRA? Now that I have cancelled it before Oct 15, can I just not declare it?

Question 2: Never done 1099-R. Next year when it comes under what head should I file it?

Raipur T

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2011) - All rights reserved. >>
<< ------------------------------------------------------- >>