401K covid distribution - rolled over 10K

[robken1145]

took complete 401k of $ 66K Distribution in April 2020.. Rolled over 10K before 60 days. So i was taxed on entire amount and I claimed 56K on tax return.   I withdrew entire 10K that I had rolled over.  Do I have to pay 10% penalty because I am only 59, since it was part of the entire 66K distribution during covid?

[robken1145]

Just to be clear.  I withdrew the 10K in April 2023.. 3 years later. I forgot to mention that.

[MinhT1]

You will receive a form 1099-R for the $10k withdrawal by the end of January 2024.

You have to report that form 1009-R on your tax return and you will pay income tax on that amount and also a 10% early withdrawal penalty as you are younger than 59 1/2.

The waiver of the penalty only applies to your net withdrawal of $56k in 2020, not on the withdrawal in 2023.