Thanks @dmertz, @RobertB4444, and @DaveF1006 for your responses. I apologize for the follow-up — I just want to be certain I’m handling this correctly.
To confirm my understanding:
• My 2025 Form 1099-R shows distribution code 8J
• Box 2a (taxable earnings) is non-zero
• TurboTax imported the form correctly
Since code 8J indicates a timely corrective distribution under IRC 408(d)(4), will TurboTax automatically apply the exception to the 10% early distribution penalty?
Given that, request your advice if I would still need to manually check the “Corrective distributions made before the due date of return” box, or if that would be redundant. Thanks a lot for your help.
