Yes I made the deposit and withdrawal on the same day in October 2022. Box 7 shows codes "1" and "8". I chose "Removal of excess contribution" when I made the withdraw. The account is empty and was at the end of 2022.
I need to create the situation that you mention - basically that just the $5 is taxed on line 4b. The only way I can do that is to edit the 1099-R fields and manually change box 2a from $2005 to $5, but that will no longer match the 1099-R and that doesn't seem right. Do you know how I should ask the payer to edit the 1099-R for this situation? The problem seems to be happening because turbotax is not realizing the distribution is from the contribution - so nothing I do to edit the contribution changes what is on the 1099-R so TurboTax still sees that $2005 as all taxable. @DanaB27
