Hello,
Trying to enter the 1099-R (2021) into TurboTax 2021 just says I need to file an amended return for 2020, but TurboTax 2020 doesn't seem to understand the 1099-R once I enter the distribution codes. It completely ignores the taxable amount.
I have a taxable amount listed from the Roth distribution due to excessive contribution, so how do I amend my 2020 tax form to reflect the taxable income listed on the 1099-R?
If I try to enter the 1099-R in the 2020 TurboTax, it doesn't work. It looks correct until I enter in the code J and P.
The P of course is incorrect because in 2020 it points to 2019.
So how do I amend my 2020, the taxable amount should be for 2020, but I can't figure how to make TurboTax understand.
