Thank you so much for that answer. That is extremely helpful!
1. Does that mean that, after I contact T. Rowe Price and tell them that this distribution was a return of contribution, the re-coding will eventually generate a 1099-R showing the correct distribution code that I should expect to get in early 2025?
2. I understand that I am still liable for taxes on the earnings on the $1,000 while the funds were in the IRA for about 13 months (most of 2023 and first two months of 2024). Would the 1099-R with the correct code also generally have the information on the taxable amount (maybe Box 2a)?
Thank you again, and I really appreciate your expert guidance.
