On december 9th 2016 I took out 3k from my fidelity IRA for a house downpayment. I closed on the 23rd of december 2016. I am still within the 60 day rollover period to return the money if I didn't use it correct?
I recieved a tax document (1099-R) from fidelity showing 3k as taxable income. If I am putting the money back, do I just ignore that document? If still have to report that money from 2016, then there is no point in putting the 3k back if I am getting taxed either way.
Does what I am saying make sense? Any help please!!!
