@Juir wrote:
Code J is for Roth, but it is for early withdrawal of Roth funds which ours isn't an early withdrawal.
The IRS used code "J" for two purposes. An "early' distribution and to identify an excess as a Roth. Without the J it would not be a Roth but there is another way o avoid the early distribution penalty.
If you are over 59 1/2 then on the "Lets see if we can lower your tax bill" enter the box 2a amount in the "Another Reason" box to eliminate the 10% early withdrawal penalty on the earnings.
**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.**
