Exception to the 60-day repayment rule: you may pay back part or all of your COVID distribution any time within the three year period.
If you do it before you file your 2021 tax return. it reduces the taxable amount of your distribution.
Paying 2/3 back now, your extra taxable amount is zero for 2021 and for 2022.
You still have to report this.
if you pay back 3/3rds now you'd have to amend your 2020 tax return.
