Retirement tax questions

A rollover of a RMD distribution is NOT reported on the 8915-E form.  It is simply a rollover that is reported in the 1099-R interview.   When entering the 1099-R when the RMD question comes up you MUST say that NONE of it was a RMD, because it was not - there were not RMD's for 2020.   Then you will get the screen that asked if you moved the money to another (or the same) account - rollover.    That will put the distribution  on the 1040 form line 5a with zero on 5b (taxable amount) with the word ROLLOVER next to it.

 

(The 8915-E form is used for distributions taken because of COVID-19 needs that can be paid back over 3 years or the tax spread over 3 years  - it does not apply to a RMD being rolled 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.**