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Retirement tax questions
To be clear, I will be creating a 1099-R for my 2022 return with codes 8 and J, and NOT with code P as suggested earlier in this thread. Then next year, when I receive the 1099 with code P, I can ignore it.
Also, there is box 3 for "capital gain." Do I leave this blank as suggested earlier in the thread? Or should I put in my gain (in my case it is actually a loss).
March 22, 2023
1:06 PM