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Retirement tax questions
If you are thinking about paying back 1/3 of the remaining distribution in 2022, you have until Aug 31 of this year to pay back the distribution to avoid paying taxes on it in 2022. To pay it back, you will need to contact the trustee of your requirement account for repayment instructions.
If you pay it back by Aug 31, you will not need to claim it as income in 2022. Here is an IRS source for further information.
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March 29, 2022
10:33 AM