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I did an indirect rollover from my traditional ira to my checking account but had a change in mind. i returned the money back to the original ira. is this a taxable event
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No, returning the funds back to the same account would not be a taxable event.
However, the funds must be returned within 60 days of the distribution and they must have been returned in their entirety. For example, if you received a distribution of $1000, but $200 was withheld for taxes, you must return the full $1000 to have a non-taxable event.
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