Has anyone seen guidance on what counts as paying back the Cares Act 401k withdrawal.
For Example lets say I took out 40k for the cares act from my 401k in 2020.
I want to pay it back now but I also have 10k in 401k loans (Pre CARES Withdrawal). Can I just pay back 30k and pay off my 10k 401k loan? Does that qualify as paying all 40k back? I have not filed my 2020 tax form yet.
