dkang94
Returning Member

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So where I get confused is that the 1099-R code P showed the right overcontribution number in box 1, but a different, lower number in box 2. The number in box 2 is what I got sent to me as a check back in March 2019 as the corrective distribution.

 

I did not get a 1099-R code 8, as I never got a second distribution of earnings.

 

Should I have received the full gross amount back in March 2019? Or did they send me a lower number because I had already incurred losses on that overcontribution?