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Retirement tax questions
queenvic8940, your Form 1099-R is correct. On your tax return you need to report as a rollover the amount repaid. To do so you must delete any entry you have already made of this Form 1099-R, enter the Form 1099-R exactly as received, indicate in the follow-up that none of the distribution was an RMD, then indicate the amount moved back to the IRA as a rollover.
March 2, 2021
3:41 PM