dmertz
Level 15

Retirement tax questions

"I believe that I can move the (duplicate) excess RMD withdrawal into my Traditional IRA as a rollover within 60 days."

 

A 60-day rollover to your own traditional IRA is possible from a traditional IRA BDA only if you are the surviving spouse of the original IRA participant from whom you inherited the IRA.  If you are a non-spouse beneficiary, there is no option to roll over the funds to any retirement account and you'll need to include the extra distribution in your taxable income.

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