In 1099-R form:
- Box 1 and 2a are same amount, $1364
- Taxable Amount Not Determined "Yes"
- Total Distribution "No"
- Codes: J, P
The contributions withdrawn was $1295, but when I went through the questions, I end up owing $522. I thought only earnings are taxed plus 10% penalty for Roth IRA early withdrawal, which should be a lot less.
In other thread, only earnings are entered in 2a, but in another thread, someone says 1099-R form must be entered exactly as received.