Code P - Excess contributions plus earnings/excess deferrals taxable in 2023Is this correct? My tax year is 2024 not 2023. I thought it would be code 8 instead....
Thank you! I am creating the 1099R form. What code do I enter for box 7? I think it will be 8, J, or both. My main concern is that I am only taxed on the earnin...