2048853
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

lylelarson
Returning Member

1099-R

I took a distribution from an IRA of $22,000 in November 2020.  Then in January 2021 within 60 days put $3,000 back into IRA.  1099-r says $22,000 in box 1 and $22,000 in box 2a and 2b is checked.  

 

Can I load $19,000 into TT since I put back the $3,000?

 

When I put $22,000 into TT it loads nothing into 4a but  loads $22,000 into 4b of 1040.  Shouldn't it load both 4a and 4b with $22,000?  (or eventually $19,000 if that is permitted)

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

1099-R

Enter the 1099-R exactally as it is.     TurboTax will ask what you did with the money.  Say you "moved" it and then choose that you did a combination of things and enter the amount rolled back.

 

That  should put it on the 1040 form line 4a with the amount not rolled back on 4b with the word "ROLLOVER" next to it.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question