Do I need to file an amended 2021 return. This is what I did. When filing my 2021 taxes I stated that we deposited $14000 into our ROTH IRA's and we withdrew $14000 from our ROTH IRA's when actually the amount withdrawn was less due to the market. I didn't understand how all this works and couldn't understand why I would have to pay any penalty if I filed the actual amount returned. In 2022 we got the 1099-R for the 2021 withdrawal and during our 2022 Turbo tax it stated we might have to file an amended 2021return. I believe the amended return would show a refund of the $60 penalty we SHOULD have paid but when I amended my actual 2021 return it showed $0 Refund and $0 Owed since we never paid the penalty. Turbo tax popped up a message that it doesn't see any change in my return and am I sure I need to file it. Not sure what we should do. Please advise.
