Enter your 1099-R into TurboTax as it is. Code J means Early distribution from a Roth IRA, no known exception. If box 9a is empty, leave it blank when you enter the form. When you enter the info from your 1099-R, TurboTax will ask you all the right questions to determine how much, if any, of your Roth IRA distribution is taxable.
With plans like Roth IRAs, income was already taxed during contribution, and so isn’t taxed now. Most withdrawals before the age of 59 ½ are considered early distributions, and they’re subject to an additional 10% federal tax on top of the regular income tax rate. Some states also impose a penalty as well. If you withdrew from your retirement because of a hardship like disability or extensive medical expenses, you might not have to pay the same penalty amounts. Again, TurboTax will ask the necessary questions after you enter the form.
Typically, if your Roth IRA is less than five years old, any earnings from your distribution will be taxable. @Snowplow2024
How does a 1099-R affect my taxes?
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