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I made an excessive IRA contribution in 2020. In 2021, I recharacterized the contribution. TurboTax tells me I now must amend my 2019 return. Is this correct?
I originally contributed to a traditional IRA, and then recharacterized the contribution as a Roth contribution. I thought this would affect neither my 2019 return nor my 2020 return.
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March 15, 2021
8:08 PM