wmct
New Member

Retirement tax questions

Hello,

 

Your information is really useful. I was in similar situation where the money was returned to me in the same year 2020 after I found out that I didn't qualify for Roth IRA. The 1099 R form Fidelity sent me has a distribution code J(early distribution from Roth IRA)  Shouldn't they give me a code P (return of contribution taxable in 2019) instead?