MinhT1
Expert Alumni

Retirement tax questions

The RMD that you repaid is considered as a rollover to the same account and is not taxed.

 

Enter your form 1099-R normally. After entering your form 1099-R, click Continue until you reach the screen Did [name] repay any of this distribution?. Check the radio button which corresponds to your situation then click Continue and follow the interview. Enter the amount repaid as a rollover and it will be excluded from taxation.

 

You will still have the credit for taxes withheld shown on your form 1099-R.

 

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