I have the same issue. I have an excess contribution carryover into 2019 and when I withdrew the amount, there is a loss for the taxable amount (earnings). Looks like there are 2 answers here. Are both acceptable?
Solution 1
The above Best Response says you don't have to report withdrawals at all because your Roth Gross Distribution of your withdrawal is not taxed and there is no taxable amount (earnings) because there is a loss on Box 2a.
Under Deductions & Credits Tab - Retirement and Investments - Update and go to
Enter Excess Contribution for Prior Years as zero for you and your spouse if applicable (you withdrew the excess contributions before the tax filing date and now have no carryover from prior years).
OR
Solution 2
If you have already received the withdrawal,
1) Create a substitute 2020 1099R with Codes P and J
2) Enter full amount of withdrawal in Box 1 and zero in Box 2a.
Under Deductions & Credits Tab - Retirement and Investments - Update and go to
Enter Excess Contribution for Prior Years as zero for you and your spouse if applicable.
