The 2023 1099-R Turbotax form interview will say that code P means "Return of contribution taxable in 2022", but the interview will ask if this is a 2023 1099-R or a 2024 1099-R. Select 2024 and then the 1099-R is correctly reported in 2023. It is not reported in 2024 unless there were earnings in which case the earnings should be reported on a separate 2024 1099-R with a code 8 on box 7 to be reported in the year the earnings were returned
