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New Member
posted Dec 18, 2021 10:03:51 AM

COVID Distribution repayment

I need to amend my 2020 return because in 2021 I've paid back the COVID IRA distribution I took in 2020.  When I go to Amend my return in TurboTax, I do not see how to properly adjust my return based on this fact set

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1 Replies
Level 15
Dec 18, 2021 1:03:07 PM

Once you start the amendment process you will return to the Retirement income section and review the 1099-R you entered and complete the questions in that section to indicate how much of the distribution you repaid.  

 

 

Be aware that the amended return must be printed, ink signed and mailed in ... expect it to take 6 months or longer to process.