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patriciaroy04
New Member

I filed my 2018 tax return and later made traditional IRA contributions for 2018. Do I have to amend my 2018 return, or just file Form 8606? Do I also amend state return?

 
1 Reply
maglib
Level 10

I filed my 2018 tax return and later made traditional IRA contributions for 2018. Do I have to amend my 2018 return, or just file Form 8606? Do I also amend state return?

Since a qualified traditional IRA investment would reduce your taxable income yes you would have to choose to amend your returns for both federal and state purposes.  This may result in tax savings.

https://ttlc.intuit.com/replies/3288565

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