1875682
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

stevee
New Member

How do I report income received from an inherited ira which I returned to the inherited IRA as allowed by the CARES Act?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MarilynG1
Expert Alumni

How do I report income received from an inherited ira which I returned to the inherited IRA as allowed by the CARES Act?

Type '1099r' in the Search area, then click on 'Jump to 1099r'.

 

After you enter your 1099-R, you will get a follow-up screen asking 'if you took this money out because of a qualified disaster (including Covid-19)'.

 

Continue, and you will get a screen asking 'if you rolled it over to an IRA or returned to the same account'. (screenshot).

 

If you didn't rollover the entire amount (including any taxes withheld), click this link for info on How to Be Notified when Form 8915-E is Ready

 

Click this link for info on How to Enter a 1099-R

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question