That 1099-R is clearly improper. First if there is a box 7 code JP (that means a return of 2019 excess Roth IRA contributions returned in 2020 but taxable in 2019) then ONLY the earnings that were returned are shown in box 2a and the "not determined" box cannot also be checked becuse it is always determined for a Roth code JP.
Second, box 1 and 2a cannot possibly be the same, that would say that your original contribution and the earnings are the same which is impossible. Box 1 must always be more than box 2a because contributions are not earnings. Box 1 must be the amount of your original contribution that was returned plus any earnings attributed to that contribution, and box 2a is *only* the earnings.
The IRS 1099-R instructions say how to fill out the 1099-R.
https://www.irs.gov/instructions/i1099r
[quote]
Roth IRA.
For a distribution from a Roth IRA, report the total distribution in box 1 and leave box 2a blank except in the case of an IRA revocation or account closure and a recharacterization, earlier. Use Code J, Q, or T as appropriate in box 7. Use Code 8 or P, if applicable, in box 7 with Code J. Do not combine Code Q or T with any other codes.
However, for the distribution of excess Roth IRA contributions, report the gross distribution in box 1 and only the earnings in box 2a. Enter Code J and Code 8 or P in box 7.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
