No, you don't need to be amend because it wouldn't make any difference. Let me explain what happened.
In the 2020 tax year, you received a 1099R reporting a distribution amount and the federal income tax that was withheld from that distribution.
Now after you filed your return, only 1/3 of that distribution amount was taxable. However, the entire federal income tax that was withheld, was credited in the 2020 tax year. This reduced the opportunity for a future credit because it was applied to the 2020 tax return.
I would imagine you may have received a better tax return last year and this might be because the total federal tax withheld was reported in 2020 instead of 1/3 installments.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
