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Covid-19 distribution, missed repayment on tax return 2021
Hello,
I took a Covid-19 distribution from my IRA back in 2020 and elected to repay increments of 1/3 of the distribution starting on 2020. I paid 2020 and 2022 but missed the payment in the 2021 return. Can I amend my 2021 return to include the payment? If yes, will I be charged 10% penalty for that year?
‎April 16, 2024
3:49 PM