AnnetteB
Intuit Alumni

Retirement tax questions

No, returning the funds back to the same account would not be a taxable event.

However, the funds must be returned within 60 days of the distribution and they must have been returned in their entirety.  For example, if you received a distribution of $1000, but $200 was withheld for taxes, you must return the full $1000 to have a non-taxable event. 


View solution in original post