Hi.
I went ahead and entered the 1099-R as stated on the form and made sure that I put in my 2020 contribution, so that both the contribution and distribution were put in correctly. Turbotax must of realized this was a pull back/reversal of my contribution as it did an analysis calculation in form 8606 to determine my taxable/non-taxable amount. I ended up with no taxable income or penalties, which is what should have happened since I my contribution was only in the account for 2 days.
So, it looks like everything worked fine, once I had both the 2020 distribution and contribution entered correctly. I walked through the 8606 calculation worksheet and it looks like it worked correctly.
thanks for you help.
