Rollover 2020 distribution made to trust
If a trust received an IRA RMD in February and subsequently distributed the amount to the trust beneficiary, can the individual roll the funds back into the IRA? Or since the trust is the beneficiary of the IRA, do the rollover funds need to come from the trust?
Permalink Submitted by Alan - IRA critic on Thu, 2020-07-09 16:04
The trust must roll the amount back to the distributing IRA account and recover the distribution from the beneficiary.