asb4
Level 2

Retirement tax questions

The responses from @Critter and @dmertz seem to contradict each other. The first said do nothing; the second to amend the 1040 and file with a Form 8606. Which is the right answer? What did you end up doing, @x46359 ?

 

I'm in the same situation this year. Contributed max amount ($6k) to Roth IRA in 2021 but ended up being above the income cap. Filed taxes at start of 2022. Now I've recharacterized the contribution and having it placed in a Rollover IRA. But do I need to amend 2021 return? And now (in 2022) or after I get my 1099-R (in 2023 probably)? Thanks.