I withdrew more money (as cash) from my IRA than the RMD amount, and then within the 60 day limit, I returned most of the money above my RMD (as cash) to the IRA . The1099 R (from my brokerage) shows the full amount on lines 1 and 2a and the "taxable amount not determined" in box 2b. I enter these amounts into the 1099 R in Turbo Tax but there is no way to show the returned funds and the correct taxable amount. My brokerage tells me that they understand and agree that the taxable amount is less than the full amount, but they cannot show this on their 1099 R by IRS rule. How do I enter the correct taxable amount on my 1040. I understand that I will have to include an explanation to the IRS and need to know how to do this as well.
