If I make a small $5,000 withdraw from my TIRA on 4/15/2020 and put the entire $5,000 TIRA withdrawal on my 2020 income taxes, would I still have until 4/16/2023 to put the $5,000 back into my TIRA?
In other words, my real question is:
Do I have 3 years to return a TIRA withdrawal taken this year (2020) regardless if I spread the withdrawal over my taxes for 1 tax year (2020), 2 tax years (2020 and 2021) or three tax years (2020, 2021, 2022)?
Can I spread a 2020 TIRA withdrawal over just 2 tax years if I want?
Or are the options for claiming the income from a 2020 TIRA withdrawal just 1 year or 3 years?
Thanks. As always.