I am over 60 years old. I contributed $7,000 to Roth IRA in 2022 by mistake. I withdrawal the same amount ($7,000) several days later-as soon as I realized I was not qualified.
Last week, the bank sent me form 1099 R. In Box 1: Gross distribution $7,000. Box 7: Distribution code J8; the rest of boxes on 1099 R form are: 0.00.
Please tell me how do I avoid state tax (Pennsylvania) for this returned contribution?
Thanks!
