In 2023 I contributed $5000 to my Traditional IRA.
When filing my 2023 taxes, I realized that I would not get a deduction for that contribution, so before the 2023 tax filing deadline, I had Fidelity distribute the contribution back to me.
Fidelity distributed $6644.07 back to me in the beginning of 2024.
I received a 2024 1099-R. The 2024 Form 1099-R shows $1644.07 in box 2a (the taxable amount).
I did have Fidelity withhold Federal Income tax of $164.40, but I think I still owe a little more federal income tax.
When I entered the 2024 1099-R into my 2024 taxes, Turbotax does not show that I owe any additional tax.
Do I need to amend my 2023 taxes in order to finish paying taxes on the taxable amount?
