IRA Rollover

Forum|Forum|5 years ago
January 28, 2021
4 replies
6 views

In 2020 we were allowed to return a required mini distribution on an IRA as a rollover.

I see no place to enter the amount I rolled over in Turbo Tax

Bsch4477

Level 15

When reporting your 1099-R answer NO to “Is this a RMD”. Then you will be prompted to enter the amount rolled over.

macuser_22

Alumni - Champ

@Bsch4477 wrote:

When reporting your 1099-R answer NO to “Is this a RMD”. Then you will be prompted to enter the amount rolled over.

Only if you delete the 1099-R and re-enter, otherwise it will remember the first answer and not present the proper question.

**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.**

ajwhite1954Author

Level 2

I deleted the previous entry but that question did not present

macuser_22

Alumni - Champ

Did you answer the RMD question with "none of this distribution was a RMD" ?

**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.**