Hello all,
I took a $100K distribution out of my 401K in August 2020 and spread the tax burden over 3 years and ended up paying taxes in my 2020 and 2021 returns using the turbo tax software CD.
In January 2023 I paid back the 100K to my 401K. So I need to amend my 2020 and 2021 taxes to get refund. I have not filed 2022 taxes yet.
I need guidance on how to amend the 2020 and 2021 returns. Will I still need to pay 2022 taxes since I returned the money in 2023 instead of 2022? Meaning do I need to pay the tax on the 3rd year than file an amended 2022 return? Please advise, thank you
