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martyxx
New Member

Received 1099R for RMD taken in 2020. When IRS indicated RMD was not necessary for 2020, most of the amount was returned to RMD account. How do I complete the 1099R

 
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2 Replies
MayaD
Expert Alumni

Received 1099R for RMD taken in 2020. When IRS indicated RMD was not necessary for 2020, most of the amount was returned to RMD account. How do I complete the 1099R

Since Required Minimum Distributions (RMDs) are now suspended for 2020, say No it was not an RMD so it will let you say you rolled it over (back to the same account).

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martyxx
New Member

Received 1099R for RMD taken in 2020. When IRS indicated RMD was not necessary for 2020, most of the amount was returned to RMD account. How do I complete the 1099R

Since some of it was rolled over the response was not quite right.  Spoke to support, and after a little research, determined how to enter the correct figures into the form.  Thank you.

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