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Redeposited Roth IRA withdrawal under 90 days

I had a roth distribution but rolled it back into the account within 90 days. should this even be reported as retirement income, albeit non-taxable? It's showing up as nontaxable income, but since I put it back I want to make sure.
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1 Reply
dmertz
Level 15

Redeposited Roth IRA withdrawal under 90 days

The rollover deadline is 60 calendar days (unless extended to 120 days due to delay or cancellation of a first home purchase).

Regardless, yes, a distribution that is rolled over must be reported on your tax return.  In the follow-up, you'll indicate that you moved some or all of the money back to the account and indicate the amount that you rolled over.  TurboTax will include the gross amount on Form 1040 line 15a or Form 1040A line 11a but the amount rolled over will be excluded from the amount on line 15b or 11b.  TurboTax will include the word ROLLOVER next to the line.

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