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Retirement tax questions
I edited the 1099-R for the Roth IRA to change the code from T to Q and it removed the distribution from Schedule X, so this technique worked for me. As a back story, the financial service provider for the Roth IRA was changed less than 5 years ago, so the FSP automatically puts in the T code in box 7, even though our Roth IRA is over 20 years old. I spoke both with Roth IRA custodian and they said glibly that it was the FSP's problem and they couldn't do anything about it. I don't know if this would work, but you could try to edit the Schedule X form to remove the amount from the Roth IRA.
‎April 25, 2021
2:52 PM