The IRS has released Revenue Procedure 2020-46 which modifies and updates Revenue Procedure 2016-47 which provides a list of permissible reasons for self-certification of eligibility for a waiver of the 60-day rollover requirement. As under Rev. Proc. 2016-47, a self-certification relates only to the reasons for missing the 60-day deadline, not to whether a distribution is otherwise eligible to be rolled over. Rev. Proc. 2020-46 modified the list of permissible reasons for self-certification by adding the option of a distribution that was made to a state unclaimed property fund effective immediately.
