I made a withdraw from IRA in 2019. Am I able to return funds to a different IRA account in 2020 before tax deadline.

sneunz · ‎March 4, 2020

MinhT1 · ‎March 4, 2020

If more than 60 days has elapsed since you received the funds, you can no longer return the funds to a different IRA. You would have to report it as a withdrawal (distribution).

This would be called an indirect rollover if the funds were returned within 60 days.

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dmertz · ‎March 4, 2020

Except in the case of a qualified first-homebuyer distribution where the purchase has been delayed or cancelled, the deadline for rolling over any IRA distribution received in 2019 has passed.

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I made a withdraw from IRA in 2019. Am I able to return funds to a different IRA account in 2020 before tax deadline.