How to handle Form 5329-T And CARES Act Rollover?

[tharais1]

Yes champ.  But your screenshots show the returned IRA distribution as coming up as taxable on the 1040.  That is problematic in this case because that distribution that was returned is not taxable income. 

[macuser_22]

---

@tharais1 wrote:

Yes champ.  But your screenshots show the returned IRA distribution as coming up as taxable on the 1040.  That is problematic in this case because that distribution that was returned is not taxable income. 

---

Sorry, the sequence I posted was not for a rollover but was if you kept the money.  A rollover looks like this.