dmertz
Level 15

Retirement tax questions

DaveF1006's approach works in many, but not all cases because your tax return still shows a retirement distribution despite the distribution being undone by the repayment.  The presence of the distribution can impede TurboTax's ability to properly calculate a Retirement Savings Contributions Credit for some of those who qualify.  Reporting the repayment as a rollover avoids any such negative side-effects.