Jim-from-Ohio
Level 12
Level 12

I know about the rule where you can spread out over three years a COVID withdrawal but what are the mechanics when taxpayer says they want to pay a withdrawal back over three years..  if the entire amount was picked up in income in 2020 does the return get amended for the amount repaid in 2021, 2022, etc.. I did try and research this but I am still not clear on this.. thank you. 

0 Cheers