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Get your taxes done using TurboTax
Yes, as long as the repayment is made before the due date of the taxes (including extensions so you could file for the extension and have until October to repay for 2021 tax year).
If a qualified individual includes a distribution ratably over a 3-year period and the individual recontributes any portion of the distribution to an eligible retirement plan at any date before the timely filing of the individual’s tax return (i.e., by the due date, including extensions), the amount of the re-contribution will reduce the ratable portion of the distribution that is includible in gross income for the tax year of the filed return. (See Coronavirus-related relief for retirement plans and IRAs and 4E in n-05-92.pdf - Internal Revenue Service)
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January 21, 2022
2:16 PM
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