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Level 1
February 28, 2020
Solved

I.R.A

  • February 28, 2020
  • 1 reply
  • 4 views

I filed my 2019 taxes and I made the mistake and chose the IRA account instead of the IRA Roth. How do I change it? I don't have a 401k or any other retirement fund, I wanted to start with the IRA Roth account.

    Best answer by CatinaT1

    If you filed, it is like dropping it into a mailbox - you cannot get it back.

    You'll have to wait until your return is either accepted or rejected.

    • If rejected, you can make any necessary changes.
    • If accepted, you'll need to amend your return
    • To avoid unnecessary delays, do not amend until your original return has been fully processed.  You will need to print and mail the amendment.  
    • Allow 8-12 weeks for processing.

    See this TurboTax FAQ for help with amending.

    You can check the status of your amended return here, but allow 3 weeks after filing for it to show up.

    1 reply

    CatinaT1
    CatinaT1Answer
    Level 15
    February 28, 2020

    If you filed, it is like dropping it into a mailbox - you cannot get it back.

    You'll have to wait until your return is either accepted or rejected.

    • If rejected, you can make any necessary changes.
    • If accepted, you'll need to amend your return
    • To avoid unnecessary delays, do not amend until your original return has been fully processed.  You will need to print and mail the amendment.  
    • Allow 8-12 weeks for processing.

    See this TurboTax FAQ for help with amending.

    You can check the status of your amended return here, but allow 3 weeks after filing for it to show up.

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