Excess Roth IRA Contributions

I made an excess Roth IRA contribution for 2021 and withdrew it prior to filing. The amount withdrawn was less than the contribution because the account lost value between the contribution date and the withdrawal date. Should the amount of the loss be reported as a capital loss on Schedule D? If so, how does TurboTax facilitate the entry?

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The loss is not deductible unless you withdrew all the money you had in all of your retirement accounts. So, you should not report it on your tax return.

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