I received 2 sets of 1099-R in 2021 from my financial institution:
First - I received and used this in my income tax return filed before April 2022 deadline. 1099-R - Box 1 - $10,000; Box 2b - marked x; Box 7 - J.
Second - I received corrected with 2 1099-Rs after filing and received the refund.1) 1099-R with only filled boxes are: Box 1 - $4,300 and Box 7 - 8J. 2) 1099-R with only filled boxes: Box 1 - $4,200; Box 2a - $200; Box 7 - PJ.
Should I amend my 2021 return?
Thank you!
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Yes.
Thank you! Should I amend my 2020 return too? One of the 2021 1099-Rs I got this year included one with Box 7 as PJ. I also received in back in 2021 the 1099-R with the filled boxes for 2020: Box 1 - $1,000; Box 2b - marked x; Box 7 - J.
Sorry, may I ask if you could reply on my follow up question? Thank you so much!
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