qbteachmt
Level 15
06-15-2021
12:10 PM
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"I want it to be clear to the IRS that the $60,000 was repaid in the current year."
Read the Form 8915-E instructions. It's all listed there. The reason to amend 2020 is that your client didn't spread this over three years, but paid the taxes on the income all in the year of the distribution.
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Don't yell at us; we're volunteers
Don't yell at us; we're volunteers