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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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‎February 10, 2022
8:06 PM