If you file a substitute Form 1099-R with code J only then you will enter the distribution amount in box 1 and check the “Taxable amount not determined” box in box 2b. In the follow-up questions, you will be asked for the net contributions prior to 2022 and you will include the $5,000 contributed for 2020. You only will have a taxable event if you withdrew more than your total net contributions to the Roth IRA.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
