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Do I make an amendment for 2023 taxed because I recharacterized an excess contribution for Roth IRA?
I filed my 2023 taxes in March 2024 but then learned that I was no longer eligible to contribute to a Roth IRA because married filing separately.
I just recharacterized my 2023 contribution to a traditional IRA in July 2024. I will convert it from Traditional IRA to Roth as soon as I can.
Do I need to amend my 2023 taxes? If so, what do you recommend? I read the forums but haven't been able to fully understand.
‎July 25, 2024
1:55 PM