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Retirement tax questions
@aarons42 wrote:
This is an amount recontributed in 2020 prior to the August 31, 2020 deadline as allowed under the Cares Act to same IRA for 100% of RMD previously distributed in 2020. There is no Covid related hardship.
If you get the RMD question you must say that "None of this distribution was a RMD", or "RMD not required" or the rollover screen will be blocked. That is not a bug because RMD rollovers are not normally permitted.
**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.**
March 1, 2021
10:56 AM