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Tax Year Prior to 2020: 1099-R and Form 5498
We borrowed from our IRAs to purchase our new house prior to selling our old one. We paid back the IRAs in the designated time period.
We have now received distributions on 1099-R and Form 5498 that equal the amounts we distributed.
my question, since we paid it back do we need to show the 1099-Rs and Form 5498s on our return?
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‎February 20, 2020
6:06 PM