[Edit: Disregard this reply. I failed to recognize that the excess contribution was for 2020, not 2021.]
In addition to the excess deferral amount (not the adjusted amount distributed) being reportable on your 2021 (adding to your taxable income for 2021 but not giving you credit for the tax withholding), the code-P Form 1099-R must be entered into 2022 TurboTax, giving you credit for the tax withholding but will not be added to your 2022 taxable income.
