Hey @fanfare @DaveF1006 - Just a final ping as we're completing the 2021 return right now.
Where can I find if I divided by 3.0 on my 2020 return?
Also, I'd appreciate clarity on why I wouldn't get my 2020 withholding refunded to me:
- 401k has 100k, which I borrow, leaving $0 in my 401k
- I (regretfully) elected for 32% withholding on that 100k, so I ultimately received $64,800
- Now I'm paying it back, which I have to pay in full at 100k.
- My 401k is now fully repaid to 100k
- However, that original withholding (~$35,200) is still with the IRS, which I've now repaid, so I'd expect it to be refunded to me.
I can't thank you enough for sharing your wisdom.
