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In 2022 I borrowed $20K from my IRA, and repaid within 60 days. I entered the info into Turbotax. Where does this show up on my return?

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2 Replies

In 2022 I borrowed $20K from my IRA, and repaid within 60 days. I entered the info into Turbotax. Where does this show up on my return?

On your 2022 return?  It should be on 1040 line 4a and 0 taxable on 4b with the word Rollover by 4b.  Dud you enter the 1099R for it?

In 2022 I borrowed $20K from my IRA, and repaid within 60 days. I entered the info into Turbotax. Where does this show up on my return?

Thanks, VolvoGirl - there it is!  Appreciate your help.  

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