rjfertal
Returning Member

2020 RMD Reversal

In Jan. 2020 I took an distribution from one of my IRA accounts intending that it satisfy part of my RMD. With the subsequent IRS  waiver of RMDs for 2020, I returned the exact amount of this distribution in  Aug. back into another one of my IRA accounts. Since I will be receiving a 1099-R for the distribution taken in Jan., how can I report this in TT to reverse the distribution as being reported as taxable income?