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February 6, 2021
Question

403b

  • February 6, 2021
  • 1 reply
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I withdrew money from 403b.  Later found out I could return money to 403b and not have to count it as income in 2020 because of covid.  I returned money, but 1099R reported full withdrawal for tax purposes.  I withdrew 25,000 but could only return 7,900 but got reported for full 25K.  Where on tax return can I deduct the 7,900?

    1 reply

    Employee
    February 8, 2021

    After you enter the 1099-R, there are questions. One of them asks about rollovers/repayments.