- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
the total distribution was $6600. I took it out in chunks: first $2500, then $1700, then $200, etc. I ask several bank people if this was ok and was told "as long as you pay it back within 60 days it doesn't matter" but it DID matter. You are allowed one distribution you can pay back a year, so even though I paid back the $2500 and $1700 before the 60 days, I can only count the $2500. Make sense?
And I figured out I only needed to change that one field.
‎October 17, 2019
10:15 PM