DanaB27
Expert Alumni

Get your taxes done using TurboTax

Please use codes 1 and P.

 

You only entered the distribution in box 1 ($6,700) and $0 in box 2a, correct?

 

Please verify, that the distribution is only listed on 4a but not 4b on Form 1040. It should not be taxable since only earnings are taxable and you had a loss.

 

[Edited 2/21/2022 | 10:36am PST]

 

@Harvest704

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