1. No you do not need to amend your 2020 tax return because the tax withholdings from boxes 4 and 14 belong on the 2021 tax return only.
2. Yes, you must enter the 2021 1099-R into the 2021 tax return since the withholdings are reported in the year that the taxes were withheld. The 2021 code P will not do anything in 2021 tax return but the withholding will be applied to 2021.
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