jrios58
New Member

Deductions & credits

I have a similar issue--I retired this year so my 6 month lookback falls partly into 2024.  I can correct the 2025, by calling the funds excess contributions, but should I file an amended return for 2024 so I can pay the penalty?  

(My husband retires this year as well, at least we can fix his first!  What a hassle.  I had never heard of this rule before today!)