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Retirement tax questions
Hello, I realized that for my 2019 1099-R , I had not selected these :
1) Yes, this money rolled over to a designated Roth 401(k)
2) Yes, I made after-tax contributions to a 401(k)
However, I also noticed that my liability does not change, and the 1099-R worksheet is also not transmitted to the IRS. Do I need to rectify anything and refile 2019?
Also, why does TT not pick this up from the 1099-R itself, given my employer facilitates the above 2 actions, without me having to do this manually once i set this up in 2019.
Thanks!
May 9, 2021
12:15 AM