Solved
60 day rollover
I withdrew from my Traditional IRA but then re-deposited within 60 days. I only have the 1099-R that shows the w/d and TTax says I owe lots of taxes on the distribution. How do I enter the re-deposit?
DoninGAAnswer
Level 15
Feb 27, 2025 4:29 PM UTC
Expert Reviewed
After you complete the Form 1099-R there will be a series of questions being asked by the program. One of the question will ask what you did with the money, select the option for returning it to another tax deferred retirement account.
