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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.
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March 19, 2022
5:20 AM
1,488 Views