DanaB27
Expert Alumni

Retirement tax questions

No, according to Pub 525 your wife won't need to amend her 2020 return since distribution for a 2021 excess deferral to a designated Roth account won't get added to the wages.

 

But the earnings need to be reported on your 2021 tax return.

 

No, your marital status won't affect this.

 

@Maverick_7

 

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