AmyC
Expert Alumni

Retirement tax questions

Yes. The RMD was abolished after you took the money. The inherited IRA was exempted from RMD when the law changed. In the program, when it asks about RMD, you must enter none of it was RMD. You took the money out and put it back. Straight and simple. No 8915, no 3 years. 

 

You have a 1099R with the distribution, when you go through the program, mark that you rolled it over. You rolled it back into the same plan. 

 

Don't let the program logistics throw you off. The goal is for the tax return to be correct. Nothing showing in the taxable income section. 

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