Trying to determine taxibility of a ROTH distribution

[BZ60]

I've created kind of a mess here and would appreciate any help in resolving it.

Background:

While preparing my 2020 tax return I mistakenly deducted the $10,200 unemployment compensation exemption from my Modified Adjusted Gross Income.  Realizing my mistake after I had filed, I redid the calculations and determined that I now had excess contributions to my ROTH IRA.  I immediately had the excess contribution + earnings withdrawn from my IRA.  Although I had already filed my 2020 return, the excess contribution + earnings were removed prior to the 2020 filing deadline and after I had turned 59 1/2.

An amended return for the 2020 filing has been prepared to correct the MAGI calculation as well as to adjust the amount I contributed to my IRA.  

Question(s):

I've received a 1099-R for 2021 accounting for the withdrawal.

Box 1 of the 1099-R shows the total withdrawal (excess contribution + earnings),  Box 2a is blank, and Box 2b is checked (indicating "Taxable amount not determined).  So far so good.
My question(s) relate(s) to the coding of Box 7.  Box 7 contains the codes P, J.

Code J indicates that this was an early withdrawal.  I've had this ROTH IRA for more than 5 years and was 59 1/2  when the withdrawal was executed, so is this truly an early distribution?  Based on the timing of the withdrawal, is the "J" code incorrect?

Code P indicates that the money was excess contributions + earnings and is taxable in 2020.

Based on the above, is any or all of this withdrawal taxable?

Thanks in advance for your help.

BZ

[ThomasM125]

If you had the IRA for more than five years and were 59 1/2 when you took the distribution, then the early withdrawal penalty should not apply. However, you would need to get the 1099-R corrected to deal with that properly. Since you reported the tax correctly in 2020, you shouldn't need to do anything special besides requesting a corrected form 1099-R.

The earnings on the funds, if any, are taxable in 2020. The principal withdrawn is not subject to tax or penalty.