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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.**
‎February 3, 2021
8:18 PM
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