@jmvargo84 wrote:
Hi @DoninGA , thank you for this detailed explanation. I have followed your steps, and entered 1/3 of the 2020 IRA distribution amount from line 17. I selected Yes - that I had a 2020 Qualified Disaster Distribution and checked the box for a Corona-virus related distribution reported in 2020.
I have also entered the same 1/3 amount on the following step, because I also repayed 1/3 of the total amount in 2021.
However, I am not seeing the 1/3 distribution being reported on the Form 1040 anywhere. Any help would be appreciated!
Since you repaid the 1/3 of the distribution in 2021 there will not be any taxable income reported on the Form 1040 Line 4b.
