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CARES act RMD withdrawal and redeposit confusion
I am 75 and took my full RMD in June 2020
Upon learning that the CARES act provided that no RMD would be required in 2020, I redposited the complete RMD withdrawal back to my IRA account in August.
The TT Deluxe questionnaire asks to choose one of the below options:
did you receive all of the RMD for 2020
did not receive all the RMD for 2020
was not required to take an RMD
Which option do I choose when the entire RMD was redeposited?
Where would the redeposit be shown in my completed 1040??
Thanks for your help
March 13, 2021
7:21 AM