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Retirement tax questions
@chuckolson44 wrote:
I put back my RMD for 2020 in a timely way. My 1099-R included the RMD in my taxable distribution. Where/how do I reduce the taxable distribution by the amount of my redeposited RMD?
Delete the 1099-R and re-enter. Answer the RMD question that "None of this distribution was a RMD", because is was not - there was no RMD. Then you shiuld get the screen that allows you to roll it back.
**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.**
‎January 29, 2021
8:09 AM