After you file

Attach  a changed Form 5329 to Form 1040-X and send them together.

put -0- in Form 5329 Part IV lines 18 and 25. You don't owe that any more.

Form 1040-X line 10 column B should show the original penalty negated.

 

If eligible, you have to decide whether to take a deduction for your Traditional IRA.

If No, or not eligible,  Form 8606 would be a new form attached to 1040-X.


This all assumes you are allowed to make a Traditional IRA contribution also.

 

As always, use Part III Explanation to tell the IRS what you did.

 

@jacquegarcia2019