dmertz
Level 15

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@macuser_22 

@nolanwittrock 

 

This behavior looks correct to me, assuming that the correct entry on Form 8606 line 15b has been made ($92,008).

 

Repayment of a CRD is not the same as an ordinary rollover because the repayment can be made up to the due date of your tax return, including extensions, long after the normal 60-day rollover deadline, so repayment of a CRD should not reduce MAGI.

 

If the repayment was made within 60 days of the distribution (or by July 15 due to the extension of the 60-day deadline due to the disaster declaration), that portion of the distribution can potentially be reported as a regular rollover and not a CRD, reducing MAGI.