Get your taxes done using TurboTax

DanaB27 · ‎March 8, 2023

No, since you reported the excess on your 2022 tax return you can ignore Form 1099-R with code P in box 7.

But if you had earnings on the excess these will have to be reported on your 2023 tax return. You will get Form 1099-R with code 8 in box 7 for these earnings, this has to be entered on your 2023 tax return.

@PCmd

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post