"Are these code G Forms 1099-R instead reporting rollovers from qualified retirement plans to your IRAs rather than any repayment of a distribution that was originally intended to be an RMD?" Yes, direct rollover from IRA to 457 with same trustee.
I finally talked to the tax department at the brokerage. As I indicated above, they have issued 1099R's for what would have been my RMD from these accounts in 2020, taken in January of 2020 by transferring shares that had the day taken value into our taxable brokerage account. In July, we transferred back in the same (to the 0.001 share) number of shares. They are going to then issue (~ May 21, have to do it after the 41/15 cutoff for 2020 contributions) showing that we put the shares back in, at the value the day we transferred them back to the IRA. The value they transferred back in is less than the value transferred out due to the market decline from Jan 2020 to July 2020. The difference is taxable, they have given me the Jan 2020 value out of IRA on the 1099R, and the value in (July 20) which they will report on 5498. I will report the Gross 1099R on line 4a and the net taxable on 4b, being careful to say none of them are RMD's in TT interview sheets. This will wend it's way through the 8606's (Posttax contributions) with our other IRA's, TSP, and 457.
As I review comments above, I should probably not try to put cash equivalent to the loss between January and July back into the IRA to wipe out the taxable portion? In other links on this issue, they say you can put in cash equivalent to your withholding. I would like to put the cash back in, as I am right on the cusp of being able to drop one level in IRMMA on Medicare surcharge. Kinda irritating, as I put back in exactly what I took out (in share numbers of same fund), but timing value is taxable.
