I took an IRA RMD in January 2020 and then repaid this in July 2020. The distribution was reported on my 1099R. Where do I report the rollover deduction so I don't include this amount on my 1040?
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Please follow these steps to enter your 1099-R and RMD rollover:
You must indicate to TurboTax that none of the distribution was RMD. If you already enter the 1099-R as RMD and changing your answer to the RMD question doesn't work then you have to delete and renter the 1099-R form.
You can verify your entry by looking at your Form 1040 line 4:
I had to delete the 1099R information and re-enter the distribution as -0-, no RMD and it worked! Thanks for your help.
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