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Get your taxes done using TurboTax
If code in box 7 of your form 1099-R is PJ, then you can disregard that form 1099-R as the earnings have already been reported and taxed in 2023.
Code P means Excess contributions plus earnings/excess deferrals (and/or earnings) taxable in 2023.
Code J means Early distribution from a Roth IRA, no known exception
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March 12, 2025
1:47 PM