question regards 401K overfund with loss

[tututu1]

I over contributed $1,000 to my 401(k) in 2024 and quickly requested a removal of the excess funds within the same year. However, due to a market loss of $100, only $900 was distributed. Out of that, $100 was withheld for taxes, leaving me with a net receipt of $800. My 1099-R reflects a gross distribution of $900, a taxable amount of $900, $100 tax withheld, and a net distribution of $800 as well as code "8" in box7.

Given the market loss, should I report the $900 as shown on the 1099-R, or should I also account additional $100 for full $1,000 over contribution?

Specifically, is there a way in TurboTax to report the $100 loss, or is that loss not reportable at all?

@DanaB27 @MinhT1 @ErnieS0 @KathrynG3 wondering if you might be help me on this case as the example in turbotax instruct to use code "P", which doesnt makes sense as mine is code "8". 

[DanaB27]

You can enter the Form 1099-R as shown. 

A loss is reported in the year of the distribution, therefore, you do not need to enter the full $1,000 excess deferral. You can enter the Form 1099-R as shown and TurboTax will add the $900 to your wages on line 1 h on Form 1040.