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Get your taxes done using TurboTax
How it is handled on your tax return depends on whether or not you elected to spread the tax over 3 years (equally) or whether you included the full distribution in your 2020 income. Those are your only 2 two options for covid-related distributions.
The timing of your distributions and repayments will determine whether you need to file an amended return to claim them.
Any repayments made before you file your return and by the due date (including extensions) reduce the amount of the distribution included in your income.
See examples on page 3 and 4. @Caseyblue
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March 2, 2021
4:05 PM