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1099R Distribution Code J-Roth

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    #1

    1099R Distribution Code J-Roth

    Client received 1099R with distribution code J. He is about 50 years old and says this is the earnings as he has withdrawn the principal in earlier years. I would say that these earnings would be taxable along with 10% penalty? Is this correct?
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    #2
    Won't the 8606 require the previous distributions?

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