I contributed an excess of 6400 to my SEP IRA for tax year 2020. Instead of filing an excess contribution form and paying taxes on it potentially, can I make an amendment to 2019 tax return to make the overage amount count towards 2019?
FYI, the contributions were made early last year in March and I have room claim more SEP IRA contributions on my 2019 self employment income which includes the excess based on my 2019 self employment income.
I just do not want to deal with paying taxes on return of excess forms or rolling it forward to 2021 tax year since I do not know what my self employment income looks like yet for this year.
