@Nitin_Texas wrote:
Hi,
I have similar question.
- I contributed $6000 to my Roth IRA for 2019.
- I withdrew $6000 (it was less amount since I had loss on it) BEFORE the tax due date in 2020.
- I didn’t report the contribution and withdrawal in my 2019 tax return.
- In 2020 I received 1099R from the financial institution which I reported in my 2020 return.
- when filing 2020 returns it says you may have to amend your 2019 tax return.
What do I do now? I’d really appreciate any help and guidance on this
If box 2a is zero, I would not do anything. It would have no effect on your 2019 tax return.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
