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May 18, 2025
Question

1099-R Code J help - Do I need to amend my taxes??

  • May 18, 2025
  • 1 reply
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I received a 1099-R form - do I need to amend my taxes? I had opened a roth ira account and soon later closed it. The 1099-R is showing the contributions I had put it and then later took out to close the account in box 1. Box 2a says nothing and box 7 says code J. 

Please help. 

1 reply

Cindy4 12
May 21, 2025

Yes, you should amend your tax return if the 1099-R was not included when you originally filed.  Code J in Box 7 indicates that you took an early distribution from a Roth IRA.  The IRS will receive this information and be looking for you to report it on your personal return.
How to Amend in TurboTax
Hope this helps!

Cindy

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