Can a repayment back into an IRA for a premature COVID-19 DISASTER distribution be in stock, cash or a combination ?

[GeorgeDenseff]

You can fund or repay funds to an IRA with stock.  You will have to pay back with cash or a check.

[irs-taxes]

My question is regarding 'payback' into IRA for an early distribution for COVID-19 reason. Can the Payback be with stock and / or cash ( I know cash is acceptable )  - combo of stock and cash ?

Thank you.

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Your response was ambiguous  - "You can fund or repay funds to an IRA with stock." Then you said you can only payback with CASH / Check.

[GeorgeDenseff]

Sorry for the typo, I meant to type cannot.

[irs-taxes]

Please provide where you found that among the IRS regulations / code.

I've been using FORM 8915-E for instructions here, and that is 'silent' regards cash or stock. They just say 'payment'.

Thank you.

[fanfare]

to payback a covid distribution you must return the assets you removed, but you can give it back to a different custodian, like Vanguard, which has this option online.
See IRS Instructions for Form 8915-E.

You have till Oct 15 to affect your 2020 tax return,

After that  it goes on the next tax return.

[irs-taxes]

Can repayment be (partially) with shares of stock - value determined at the day of transfer at market's close. ??

[fanfare]

I understand your question.

The instructions don't address this as I thought they did.

If you did not take the COVID distribution in stock (why would you ?) ,   I don't see how that would work, but ask your custodian.

Some custodians, like banks, won't know what you're talking about.