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After you file
Code AA in box 12 is for Designated Roth contributions under a section 401(k) plan.
Was this added to your W2 or was the amount changed? The only thing this will impact is you could qualify for the Retirement Savings Contribution Credit. This could increase your refund or decrease your balance due.
You can look at the details here and see if you qualify - What is the 2023 Saver's Credit? It could be worth amending.
If you decide to amend, you should follow these guidelines.
- You must first wait until the initial return is completely processed.
- You will have to use the same TurboTax account that you used for the original tax return.
- Once you begin your amendment, you'll see your original return.
- The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
- Only make changes to the areas of your return that need amending.
- You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment
Select your product below and follow the instructions.
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February 28, 2024
1:54 PM