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Retirement tax questions
You do not report returning the funds separately. When you enter the Form 1099-R showing the withdrawal, on your tax return for the year of the withdrawal, you indicate that you returned the money within 60 days. You do that on your tax return for the year of the withdrawal, even if you returned the money in the following year. You do not report anything on your tax return for the year that you returned the money.
‎January 1, 2020
2:30 PM