No that is not the correct way to do this.You need to report the contribution as is for both Roth Accounts and tell Turbo Tax that the excess contribution will be withdrawn by April 15 or whatever the due date is shown in your 2018 return.
in your Turbo Tax Amended software, go to:
1) Federal Taxes>deductions and credits>choose what you work on
2) Go to Retirement and investments>Traditional and Roth IRA Contributions
3) Select Update
4) Make sure the Roth contributions reflect the amount of the contribution that was made for both accounts.
5) As you navigate through the questions, you will reach a screen that says, "Your Roth contributions are too high. When you reach this screen, press continue.
6) This next screen tells you you have a penalty but gives you an option to return the excess portion of the contribution. Here is where you input the excess contribution that was given back.
7) Remember you will perform these steps for each of you so make sure you enter your information separately from your husband. The program address each of you separately.
Make sure the software you are in is the amendment software you downloaded from your Turbo Tax online account. You will know this if the refund monitor at the top of the page showed 0 before you began amending.
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