las61
New Member

Retirement tax questions

So how does would the 2019 return be properly amended?  Do you enter the 1099-R received in 2020 into the 2019 return?  Is a Form 8606 required?

 

I made a Roth IRA contribution in mid-2019.  In February of 2020, I realized my income was over the limit for a Roth and recharacterized the 2019 contribution and earnings to enable me to do a backdoor Roth.  Turbotax is telling me I MAY need to amend my 2019 return.  Since the Recharacterization occurred in 2020, I thought the taxes on the earnings would be paid on the 2020 return.  Please advise.