topic Re: RMD rollover per CARES Act ? in Get your taxes done using TurboTax

RMD rollover per CARES Act ?

chief244 — Tue, 19 May 2020 23:54:58 GMT

My wife andI took our RMD when we filled our 2019 taxes. Now we learn we can roll it back into our IRA. How am I to do this ?

Re: RMD rollover per CARES Act ?

macuser_22 — Wed, 20 May 2020 00:00:47 GMT

The CARES act does not apply to 2019 distributions. RMD's are suspended for 2020. If a RMD is taken in 2020 then it can be rolled back within 60 days of the distribution.

Re: RMD rollover per CARES Act ?

EIGENRAUCH — Wed, 27 Jan 2021 15:43:35 GMT

Which Turbo Tax product will cover a Cares Act 2020 Rollback RMD IRA contribution?

Re: RMD rollover per CARES Act ?

macuser_22 — Wed, 27 Jan 2021 16:05:12 GMT

Any other than the Free version. Just be sure to check the box that "none of this distribution was a RMD" because it was not, otherwise you cannot roll it over.