No, the code J is fine. What you need to do is report a basis in your Roth IRA.
Here is how to do that:
- Search for IRA contributions using the search box located in the upper right corner .
- Click on Jump to IRA contributions.
- Check the box showing that you contributed to a Roth IRA.
- The next screen asks you to verify that you contributed to a Roth IRA, choose Yes.
- If you didn't contribute to the account in 2019, just enter $0.
- The next screen asks if the contribution was a repayment of a retirement distribution, choose No.
- Answer the remaining questions according to your situation. After a few more questions you will be asked about your contributions in the past.
Any distribution coded J will be nontaxable until your recover the amount that you have contributed in the past. By entering your basis in the account, the early withdrawal penalty will go away as well.
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