@DavidS127 wrote:
Although not authoritative, the article at this link discusses the options available for a person who took their 2020 RMD before....
That basically says the same thing (that it can only go beyond 60 days if a coronavirus-related hardship.)
For distributions taken more than 60 days ago in 2020, a new strategy exists. Under the CARES Act, those distributions could potentially be repaid into the IRA over the next three years if you can show that the money was withdrawn to cover a coronavirus-related hardship.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
