No, you do not enter the withheld taxes on the 2024 return. The withholdings are reported in the year that the tax was withheld, therefore you will have to enter the 2025 From 1099-R also on your 2025 return. The 2025 code P will not add anything to your income in the 2025 tax return but the withholdings will be applied to 2025.
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