finn36

I took a $20,000 distribution from my IRA with the intent to buy a condo. My plans changed and I did a rollover back into my IRA. The problem is that it was not within the 60 days. It was actually 62 days. I messed up, I thought it was within the 60 days. Is it true I am double taxed on that money? Basically meaning I have to pay tax now and then because it was put back into my IRA inadvertently, I will be taxed again in the future when it is withdrawn.