Reporting RMD

[dmertz]

 It's rather like a qualified disaster distribution.  I imagine that the IRS will produce a 2020 form similar to Forms 8915-A and 8915-B.  It's referred to as a "repayment" rather than a rollover, although it's essentially a rollover.

See Sec. 2202(a)(3):  https://www.congress.gov/bill/116th-congress/house-bill/748/text#toc-H7E8FA907EAE04884809A56325BD425...

[macuser_22]

Thank you. I was looking §2203 and missed that provision in §2202.

I assume that means that if a part  of the first 2019 RMD was taken in 2019 the  that par can also be rolled back within 3 years?  How about if ALL the 2019 first RMD was taken on 2019?

[dmertz]

Any RMDs received in 2019 do not qualify as coronavirus-related distributions and cannot be rolled back.  A CRD is defined as one occurring on or after January 1, 2020, and before December 31, 2020, among other requirements.

[macuser_22]

Got it!

[joeruf2160]

RMD for 2020 was suspended but TT overrides my selection of not required and files for a wavier. No wavier is required. How can I get TT to STOP overriding my selection?

[macuser_22]

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@joeruf2160 wrote:

RMD for 2020 was suspended but TT overrides my selection of not required and files for a wavier. No wavier is required. How can I get TT to STOP overriding my selection?

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Delete the 1099-R you entered and re-enter.

Answer the RMD question that "None of this distribution was a RMD" or "RMD not required" depending on the TurboTax version - because it was NOT a RMD, there were no 2020 RMD's.