a small business client maintains a 401k plan. He was planning to make a $8000 employee salary deferral contribution to the 401k plan. However when making the contribution he did not explain adequately to the brokerage house that this was a salary deferral to the 401k plan and they told him he was limited to a $6500 contribution to his IRA. He incorrectly made the contribution into his IRA account. When he realized the error he withdrew the IRA contribution (all of this happened within a two week period) . He made a small amount of income on the contribution ($35) during this period and he will receive a 1099-r for the distribution. He then contributed $8000 into his 401K as a salary deferral. Can he consider this to be a replacement of the distribution within the 60day period?