Yes, if you had created a Form 1099-R with code PJ on your 2020 tax return when you filed it then you can ignore the 2021 Form 1099-R with code PJ unless you had tax withholdings. If you had withholdings then you must enter the 2021 Form 1099-R into the 2021 tax return since the withholdings are reported in the year that the tax was withheld. The 2021 code P will not do anything to the 2021 tax return but the withholdings will be applied to 2021.
@Crumpcake
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