1998514

I took some ira distribution early in the year 2020 and I put it back into the ira account to take advantage of cares act. how should I report for income tax?

posted

Connect with an expert

1 Reply

Report the withdrawal as it appears on your 1099-R When asked if it is a RMD say NO. Then you can enter the amount you returned.

Still have questions?

Questions are answered within a few hours on average.

*Must create login to post

Unlock tailored help options in your account.