Does anyone know if RMDs taken in January and the first week of February can be returned to an IRA account? The rules as I read them seem very broad. I know RMDs after Feb 15th can be treated as a rollover, but what solutions are there for those that took them earlier, if any? The "impacted by Covid" seems like it would apply to the entire US population.
The rules also seem to be evolving, my thought is to put the money back into the IRA, then re-visit in December. If the IRS decides it should have been taken, any thoughts on if/how they would apply a penalty?
Any links or resources for the technical data would be appreciated