hkc
Level 2

Get your taxes done using TurboTax

Hi:

 

If my Excess contribution had a loss, how would I report this loss with a make up 1099R in my 2020 tax so I don't have to file amended tax next year?  Or would I have to file amended tax if my 2022 1099R on this Excess refund if I have a loss?  If I don't have to file amended tax return next year because of the loss, I'd like to skip trying to make up a 1099R to include it in this year's tax filing of 2020Tax.

 

Thanks,