The allocation of my IRA 1099-R Distribution was mixed; part in actual withdrawal (cash), part transferred into a Roth IRA, part Rolled back into the IRA under the 2020 no-RMD wavier.
I received a 5498 indicating the amount Restored (rollover) back to my IRA.
I have tried all options in TurboTax Premier to adjust for the 5498 Restored (rollover) amount but nothing works. TurboTax asks the correct questions but doesn't adjust the 1099-R Distribution amount by the 5498 Returned amount.
I certainly don't want to Pay Taxes on Funds not received or have to scrap TurboTax & use a pencil.
Appreciate any Help on "How to" get TurboTax to handle the 5498.
Thanks,
Jim
