Dave130
New Member

Taxes on RMD for 2020

I took my full IRA RMD for 2020 before the law changed to waive RMDs  for 2020.  I then redeposited 50% of the distribution back into the same IRA within the allowable timeframe.   The TurboTax form shows that I owe taxes on the entire distribution, not just the 50% I kept out.  

Do I need to mark the distribution as not an RMD, as the response indicated for a similar question from someone who rolled the entire amount back?