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Ignore the reference to 2019 in the drop-down text for code P in 2020 TurboTax. The drop-down text assumes that you are entering a 2020 Form 1099-R, not a 2021 Form 1099-R. Code P actually means taxable on the tax return for the year prior to the year of the Form 1099-R, but that's too much for the developers to put in the drop-down text. Just select code P and later answer that it's actually a 2021 Form 1099-R.
Yes I followed your instructions and prepared the 1099-R. Ttax did form 4852 after I was done with 1099-R. Final version of 4852 from irs is expected soon. Then I can e-file my return.
Thanks for your help.
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