topic I borrowed and repaid a loan from my IRA within the the 60 day window, Where do I post the repayment? in Retirement tax questions

I borrowed and repaid a loan from my IRA within the the 60 day window, Where do I post the repayment?

cincibill — Tue, 10 Feb 2026 20:22:56 GMT

Where do I enter an IRA loan repayment in Turbo Tax?

Re: I borrowed and repaid a loan from my IRA within the the 60 day window, Where do I post the repayment?

Opus 17 — Tue, 10 Feb 2026 20:25:06 GMT

When you enter the 1099-R, there will be a comment about owing tax and penalties, and a page listing situations where you can reduce your tax and penalties. One of those situation will be "rolled over to the same or different IRA within 60 days". Check that box.

Re: I borrowed and repaid a loan from my IRA within the the 60 day window, Where do I post the re...

MinhT1 — Tue, 10 Feb 2026 20:26:39 GMT

If the repayment is within the 60 day window, this qualifies as a rollover.

This is how to you enter it in TurboTax Online.

Open your tax return
Click on Federal in the left-hand column, then on Wages & Income
Navigate to the list of income categories
Locate the section Retirement Plans and Social Security and click on the arrow on the right
Click Start next to IRAs, 401(k), Pension Plan Withdrawals (1099-R).
Enter your form 1099-R and follow the interview
When you arrive to the page Tell us if you moved the money through a rollover or conversion, click on the radio button I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)