rthornett
Returning Member

Retirement tax questions

In 2021 my wife and withdrew funds from our Vanguard IRAs in order to settle on the purchase of a new home, and shortly thereafter  deposited a great portion of the funds back into the IRA's after the sale of a property we owned.  We have 1099-R forms for the distribution of the funds we withdrew and will receive Form 5498 for the rollover of the funds we put back into the IRAs.  Pls provide intuit/Turbotax guidance on how to show theses transactions and the resulting net IRA distribution.