1099-R not reflecting redeposit within 60 days

Received my 1099-R and it doesn't reflect a redepositing within 60 days of $2000--a portioin of that December's amount. Schwab indicated that they mail out 5498 forms after April but that I could have my tax person complete and file that earlier.

I looking at a few prior years TT advice it seems that maybe there is a way within Turbo Tax to work the screen entries.

1909

Expert Alumni

Jan 22, 2025 9:53:45 AM

Yes. You can revisit the 1099-R section. After entering the information from your 1099-R, you will come to a screen with the heading "Tell us if you moved the money through a rollover or conversion"

Select "I rolled over some or all of it to an IRA or other retirement account within the time limits (normally 60 days)"
Next screen - Choose that you rolled over less than the total distribution
A box will populate asking for the exact amount. Enter $2,000.

Level 3

Jan 24, 2025 6:32:21 AM

Thank you it worked.

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1099-R not reflecting redeposit within 60 days