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Retirement tax questions
Your 2021 1099-R should bear code P in box 7.
Please see this TurboTax Help topic.
You should contact your broker to obtain a corrected 1099-R.
As you have already reported the excess contribution in 2020, there is nothing to report in 2021 and you can ignore the 1099-R with code P.
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‎February 22, 2022
6:50 AM