AmyC
Expert Alumni

Retirement tax questions

@dsachnoff  You took an RMD in January and the law changed so that there is no such thing as an RMD for 2020 (there is a special reason that question still exists- but it does not apply to you) Answer that none of it was RMD. You will enter the USAA form which includes the tax withheld. When you enter the amount rolled back in, enter the full amount you rolled in, if it included the taxes withheld. This makes the USAA distribution nontaxable. The conversion from Schwab will be taxable as it turned into a ROTH.

 

@macuser_22 is correct.

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