I just received a 1099-R for a distribution that I subsequently redeposited as permitted in 2020.
The 1099-R shows the distribution as TAXABLE even though I redeposited that distribution! Will I have to pay federal income tax on this distribution EVEN THOUGH I redeposited it? How does the IRS know that the distribution was redeposited? It is not on the 1099-R. Thank you.
