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After you file
Yes, you can just contribute another $1,000 to the traditional IRA by April 15th to avoid amending your 2020 tax return.
If you prefer to amend your return then please wait until the original return has been processed before filing Form 1040X. Please be aware that you can e-file your 2020 amended federal tax return, but most states require amendments to be printed and filed by mail. Please see FAQ How to amend a tax return for instructions.
Please see the links below when Form 1040X is available:
- IRS forms availability table for TurboTax individual (personal) tax products
- State forms availability table for TurboTax individual (personal) tax products
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‎February 28, 2021
6:45 AM
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