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How to handle return of RMD under Sec 409(a)(9) of Cares Act in Pro Series

Level 1
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Level 15
Level 15

I didnt have any of these, but theres spot for Repayments in the Disaster section on the 1099R worksheet...that might work for this.

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Level 15

It's not part of the disaster provision other than the timeliness. If they returned it by August 31, 2020, it's Rollover.


Lisa shows how it looks for ProSeries in this topic:


And, from Kiplinger:

"When filling out your Form 1040 or Form 1040-SR for the 2020 tax year, you should include the total amount of IRA distributions shown on your Form 1099-R on Line 4a of the 1040 form. Then you subtract the amount that you properly and timely returned to the IRA and report the remainder – even if $0 – on Line 4b of the 1040. Write "Rollover" next to line 4b so the IRS knows why the numbers don't match.

If federal income taxes were withheld from the original distribution and reported on the 1099-R form, remember to claim the withholding on Line 25b of the 1040 or 1040-SR form."


If they did not redeposit the Gross, you have only a partial rollover.

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