No, if you received already the Form 1099-R in regards to the withdrawal of excess contribution because you withdrew it in 2020 then enter it as shown. Please keep the code 8.
(Code P applies if someone notices the excess in 2021 before the due date and withdraws it in 2021. Then this 1099-R 2021 with code P and J has to be entered on the 2020 tax return.)
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