- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
After you file
Hi macuser_22,
Thanks for your reply.
I've just noticed a major error on my 2019 tax return. I maxed my Traditional IRA as $6000 but it earned $1.55 before I converted to Roth IRA. Therefore $6001.55 was the actual amount converted
I e-filed my tax return through turbo tax but I've just noticed that: on my form 1040, my taxable income was listed as $502 on line 4b,and IRA distribution as $6002.
Also on my form 8606, turbo tax left line 1 blank, then line 2 had $5500, line 3 had $5500, line was blank, line 5 had $5500, line 6 was blank ,line 7 had $6002 e.t.c
Looking at my form 8606 for 2019 tax return through turbo tax, certain things don't make sense.
Do you think I should just amend my tax returns?
‎September 10, 2020
6:24 PM