what you said is exactly what I would expect. $12k on line 4b if I choose "pay all in 2020", and $4k if I don't check the box and let it spread $4k over 3 years...
No. I did COVID-19 distribution of $90k from 401k (former employer), and then reinvested $78k of that in my IRA, as my former employer would not accept repaymen...
sorry, I only answered 1 question, and you asked a couple others.It was distribution from 401k and reinvested in IRA because 401k provider didn't accept repayme...
After completing the new COVID-19 distribution questions, I'm rightly given a checkbox that says "Pay tax on entire IRA, SEP, Simple, or Roth IRA distribution i...