@findchris
1) First of all, you will repay $100,000. The reason being is that the tax withheld has already been reported to the IRS. When you filed your tax return, you were credited with having paid the $35,200 on your tax return for the 2020 tax season as a tax withholding.
2) I found this interesting tidbit of information about the correct procedure in this IRS link . It states that "In general, yes, you may repay all or part of the amount of a coronavirus-related distribution to an eligible retirement plan, provided that you complete the repayment within three years after the date that the distribution was received. If you repay a coronavirus-related distribution, the distribution will be treated as though it were repaid in a direct trustee-to-trustee transfer so that you do not owe federal income tax on the distribution."
This means that your $100,000 distribution will not be taxed because you repaid the distribution that is reported on the 8915-E.
The link also mentions that you may file an amended return in the prior year when you made the election. it states you may file amended federal income tax returns for 2020 to claim a refund of the tax attributable to the amount of the distribution that you included in income for those years, and you will not be required to include any amount in income in 2022."
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