RobertB4444
Expert Alumni

Get your taxes done using TurboTax

Code 8 is for an overcontribution made and removed in the same year.  Code P is for an overcontribution from the prior year that is being removed in this year.  Use the code that is applicable to your situation.

 

If you have entered this information on your 2024 return then the 1099-R that you receive next year should match the fake one you're entering now.  As long as the numbers match you get to ignore it next year.

 

@markrocknroll 

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