Hi @LindaS5247 , thanks for the helpful response here. I posted earlier in this thread thinking I would not get the excess deferral distribution in time, but my financial institution was able to process it before 4/15 even though I applied after their deadline.
I already filed my 2022 return without reporting the excess deferral distribution because I wasn't planning to get it in time, so I'm trying to decide whether to amend my 2022 return now or wait until 2023 when I do my taxes then. Could you help me understand the tradeoff between amending now versus waiting until next year? Are there any risks to waiting? Like, am I at a larger risk of an audit since there is the unresolved excess contribution in my 2022 return filing if I wait?
Thanks!
