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February 8, 2025
Question

I received a 1099-R because I borrowed money out of my IRA for a home purchase, but returned it within 30 days. How do I indicate that return so that it is not taxed?

  • February 8, 2025
  • 1 reply
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    1 reply

    DoninGA
    Employee
    February 8, 2025

    After you have entered the 1099-R the program will ask you what you did with the money.