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Level 2
posted Mar 10, 2023 2:27:06 PM

Where do I show the return of a partial RMD (what overstated by financial advisor) that occurred in 2022?

my advisor has indicated it should be entered on 4b, but the codes listed do not match a return of a distribution.

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1 Replies
Level 15
Mar 10, 2023 4:49:30 PM

if you took out more than your RMD and you put back the difference within 60 days,

you report the correct amount of RMD on line 4b and the total amount of distribution on 4a.

The notation "Rollover" should appear on line 4.

it's all done in the interview from the CONTINUE button when entering 1099-R

 

@jimandkathy10