DavidD66
Expert Alumni

After you file

My guess is that, in your scenario, you would be able to take a credit for the taxes paid in 2020 & 2021 on your 2022 tax return when you indicate that you had re-contributed the funds to a qualified plan.  Amended returns have to be printed, mailed, and manually processed, so I doubt that is the way they would want to handle it.  Creating a new form and issuing tax credits would be much more efficient for everyone.

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