DanaB27
Expert Alumni

Retirement tax questions

To clarify, you enter the Form 1099-Rs with code J and codes 8J on your 2022 return? Only the earnings in 2a should have shown as taxable? And Form 1099-R with code PJ belongs on your 2021 return and only the earnings in 2a should have been taxable.

 

You will need to send an explanation statement of what happened to the IRS. Include supporting documents . Please see Topic no. 652, Notice of underreported income – CP2000 for details. Only the earnings should be taxable.

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