Deductions & credits

First, a return of the RMD is a *rollover* and NOT an IRA contribution.     Nothing goes in the IRA contribution section at all.

 

Second, you enter the 1099-R and if the RMD question comes up, you MUST check the box that says "No, none of this withdrawal was a RMD"  which it wasn't since there was no RMD inn 2020.

 

Then answer the rollover questions.

 

Screen Shot 2021-01-23 at 2.22.36 PM.jpgScreen Shot 2021-01-23 at 2.22.55 PM.jpg

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**