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I liquidated and closed my one Roth IRA in 2003. I received the 1099-R today. I'm younger than 59 1/2.

Only Box 1 shows an amount which, compared to my basis, results in a capital loss.

I was under the impression I could claim the capital loss if I liquidated "all" my Roth IRA's (which I did - all one of them), but TurboTax is comparing the Box 1 amount to my total contributions and basically adding $0 of income to my 1040.

What's the right move here?

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