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Retirement tax questions
A 2019 1099-R with a code "P" indicated that the contribution was a 2018 contribution and not a 2019 contribution. If the contribution was make in 2019 before April 15, 2019 then you might have specified that it was to be applied to the 2018 tax year.
If that is not correct then contact the issuer for a corrected 1090-R if it is in error. The IRS will expect to see the1099-R with a code P to be reported on an amended 2018 tax return and not on a 2019 tax return.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎January 25, 2020
11:49 AM