The CARES act waived RMD's for most retirement plans, including most IRA's, employer plans and some others. RMD's for defined benefit plans, pensions paid periodically, and other SEPP (Substantially Equal Periodic Payment) distributions (including IRA's that have been converted to SEPP), and some others were still required on 2020 and were not waived but the CARES act.
The type of plan is not on a 1099-R so there is no way to tell from the 1099-R what type of plan you have and if a 2020 RMD is required or not, so TurboTax always asks the question for taxpayers over age 72 1/2.
If you are not sure of the type of plan and if a RMD was required, ask the plan administrator.
RMD's are not eligible for rollover. If your retirement plan distribution was not subject to a 2020 RMD then answer the RMD question that "None of this distribution was a RMD", or "RMD not required" depending on the TurboTax version. Then you should get a screen to indicate that it was rolled over.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
