Since the withdrawal happened before the tax deadline, the IRS considers this a timely return of excess contributions.
You have already contacted Fidelity and they cannot correct the form, so you will work with the Form 1099-R as presented.
Your Form 1099-R only shows a code J in Box 7, so you will need to add the additional code of P for Box 7 (J & P both), to indicate that this is a prior year correction by following these steps:
- Go to Income on the left panel within your TurboTax account
- Click on the Review to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R)
- Click on the pencil to the right of your 1099-R to review/edit it
- Continue through the questions until you reach, "Enter your 1099-R details from _"
- Enter the information from the original Form 1099-R that you received
- For Box 1, enter the original contribution + earnings amount
- For Box 2a, enter zero (0), since there were no earnings
- Ensure the details from your Form 1099-R are correct, including Distribution Codes J & P being used in Box 7, then Continue
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