No, if you entered all your information from your 1099-R and entered the amount that you returned (distribution minus taxes withheld) then there is nothing else you need to do. Please review these steps of the RMD rollover:
- Open your return
- Click on "Search" on the top right and type “1099-R”
- Click on “Jump to 1099-R” and enter your 1099-R
- Continue until "How much was a RMD?" and select "none"
- Continue "Tell us if you moved the money through a rollover or conversion" and select "I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)"
- Enter the amount returned an continue answering the questions.
RMDs were waived for 2020. You must indicate to TurboTax that none of the distribution was RMD. If you already enter the 1099-R as RMD and changing your answer to the RMD question doesn't work then you have to delete and renter the 1099-R form.
You can verify your entry by looking at your Form 1040 line 4, the returned part won't be included in line 4b. You withheld federal taxes will be shown on line 25b.
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