By mistake, I opened a ROTH IRA account and made 1000 dollar contribution in 2020 and then realized the mistake and close the account. at the time of withdrawal amount is 1045.26.
I received 1099 R from a broker and it mentioned
Column 1 Gross distribution is 1045.62
Column 2 Taxable amount Blank
Column 2b Checked (Taxable amount not determined)
Column 7: Code is J (indicates that there was an early distribution from a ROTH IRA. )
Now Turbotax is adding a tax on the whole amount. please suggest me.
I have Tubo Premier desktop version 2020
and the taxable amount is blank.
