Took MRD in Mar 2020 and returned full amount to Retirement Acct (Including taxes) in April 2020 (CARES ACT). Why does it still add to my total retirement income?

BernieHStreet · ‎March 17, 2021

Why is it still added to my total retirement income even though I returned it?

MarilynG1 · ‎March 17, 2021

Since the Required Minimum Distribution is waived in 2020, when you enter your 1099-R, indicate that 'none of this distribution is RMD'.

Continue, and indicate that you 'rolled over' the distribution, and it will not be taxable.

Click this link for info on RMD Rollover in 2020.

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