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If you make basis-only withdrawal from a Roth IRA, how is box 7 marked on the 1099R?
It would seem Q should be used but that does not meet the literal criteria described in the instructions. My IRA custodian marked it as J since I am under 591/2 but the withdrawal was not for earnings. TT taxes the full amount ... but shouldn't.
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‎June 6, 2019
7:01 AM