Inherited IRA Distributions under the CARES Act
Will distributions from a nonspousal Inherited IRA up to $100,000 under the CARES Act avoid taxes if repaid within a 3 year period.
Will distributions from a nonspousal Inherited IRA up to $100,000 under the CARES Act avoid taxes if repaid within a 3 year period.
Permalink Submitted by David Mertz on Tue, 2022-06-21 19:54
Such a distribution is not permitted to be repaid. See Section 1.D in IRS Notice 2020-50.