A loss on the return of your ROTH IRA contribution would only be deductible as a miscellaneous itemized deduction, and that particular deduction is suspended until 2025 . Also, to get that deduction you would have to liquidate all of your ROTH IRA accounts, so in your case it seems it is not deductible. In either case, you cannot enter a negative number to report a loss on your ROTH IRA distribution as listed on your Form 1099-R.
[edited 3/6/24 at 11:08 AM PST] @phildonnia1
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
