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After you file
Similar situation, But Box 2B is checked "Taxable Amount Not Determined". (It is a Roth, after all.) Block 7 has the code "PJ" entered. So far as I can interpret it, the J code designates an "early distribution from a Roth IRA, no known exceptions" and the "P" code designates "Excess contributions plus earnings/excess deferrals taxable in 2018." So now, I'm totally confused. What do I do about entering this for 2019? And will it help to submit an amendment for 2018? My wife is 68 years old, and we had no earned income in 2018, but the deposit was made in error and immediately withdrawn.
‎February 10, 2020
8:58 AM