Hi there.
I took a COVID-19-related distribution from my 401k and am ready to pay it back. To make the numbers simple, let's say I requested the withdrawal of $100k, but the plan administrator withheld $35,200, ultimately giving me $64,800. I am now ready to pay this back.
Questions:
(1) When paying back my 401k plan, would I pay $64,800 or $100k?
(2) Do I need to amend 2020 taxes after repayment, or is form 8915-E sufficient? Amendment seems odd, but is commonly referenced as required in this scenario.
I appreciate any insight here.
