- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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?
‎January 13, 2021
7:34 PM