- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Overcontributed to Roth IRA in 2018. Do I add my 1099-R info to 2018 and 2019 tax returns?
I over-contributed to my Roth IRA for Tax Year 2018 and ended up withdrawing the excess amount prior to filing my taxes. Therefore, I just filed the amount I was allowed to contribute without any excess. Consequently, for the Tax Year 2019, I received a 1099-R. After filling out the 1099-R info into TurboTax, TurboTax advised me that I may need to amend my 2018 taxes. My question is, does the 2019 1099-R info stay on my 2019 tax return, just need to go on my 2018 amended tax return, or should it be on both?
March 7, 2020
11:16 AM