USA Borrowing against IRA

[Ripcord]

I took some money out of my IRA in several increments. I also paid some of it back in several increments. My question is, for reporting this, may I add the deposits together as long as they were within 60 days of the withdrawals or am I only allowed to claim a single one of the deposits?

 

[kirby]

Loans are not permitted for IRAs. So more likely you took out the money and rolled it over to the same or a new IRA. You can do that ONCE every 12 months. If more than once it triggers taxes and penalties.

I hope you didn't do that...