In 2019, I was forced to withdraw the original contributions to my Roth IRA, leaving behind the gains in excess of those contributions. My broker sent me two 1099-R forms, one which listed Distribution Code T for 4 of the distributions, and other that listed Distribution Code J. I am assuming one (or both) of those is wrong. But I cannot find anything within TurboTax or the larger internet that clearly states what Distribution Code should be used when taking distributions of original contributions before age 59 1/2.
I don't know why this is so hard - I would expect that withdrawing original contributions to a Roth IRA before age 59 1/2 is not uncommon. The Roth IRA is 20yrs old, so the 5-year holding minimum should not apply. My understanding is that these distributions should be tax and penalty free, but time is running out for me to get my broker to update my records before July 15th.
