RobertB4444
Expert Alumni

Get your taxes done using TurboTax

You don't need to amend 2020 as the distribution occurred in 2021.  Since it was a Roth contribution that you had to pull back there were no tax ramifications for the year that you contributed. 

 

Since the loss occurred inside the Roth you don't get a deduction for it and you don't need to report it, provided everything is entered properly and shows as non-taxable

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