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Yes, you will need to amend your 2020 return to make this correction. However, TurboTax won't have availability of Form 1040-X (amended return) until 3/25/2021. I'll link a TurboTax FAQ below that contains instructions for you to amend your return. Please follow the instructions carefully; they are quite specific.
How do I amend my 2020 return?
Thanks for your quick reply, Kat!
Does Turbo Tax charge for amended returns with the 1040-X form?
Nope. It is free to amend your TurboTax return.
That's great. Thanks again for your help, Kat.
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