Reply To: Withholding from Roth Conversion, Then Replacing w/h in TIRA

Home Fairmark Forum Retirement Savings and Benefits Withholding from Roth Conversion, Then Replacing w/h in TIRA Reply To: Withholding from Roth Conversion, Then Replacing w/h in TIRA

#3250
kaneohe
Participant

So assume non-RMD yr. Withdraw 1k, withhold 1K. 1099R shows same.

Now replace 1K back to TIRA in same yr as withdrawal. 1099R remains
unchanged? Tax return shows 1K withdrawal but 0 taxable with rollover code?

What if 1K replacement to TIRA occurs in yr after withdrawal (but within 60days)? 1099R remains unchanged? Tax return same as above ?
So end result identical no matter what yr rollover done in as long as within 60 day window?