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After you file
Click this link for instructions on How to Amend Your Return. Don't submit your amended return until you receive your refund (or your payment has processed) from your original filing.
Form 8606 keeps track of your Non-Deductible IRA Contributions each year. You are asked for the amount of these contributions made previously if you are reporting a non-deductible contribution in the current year.
Click this link for info on Form 8606.
An excess contribution is generally one that exceeds the IRA contribution limit (or income limits).
This article has helpful info on IRA Contributions.
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‎April 1, 2021
1:51 PM