Thank you so much DanaB27. You were SO helpful !!
Just to recap to make sure I have it straight:
- Amend 2022 tax form (1040-X) with the Roth contribution for that year, include 2022 Form 5329, pay penalty
- Amend 2023 tax form (1040-X), include 2023 Form 5329 with the Roth contribution from previous year, pay penalty
- Include 1099-R in the 2024 tax form. No need to file a Form 5329, no further penalty.
And one last thing. Is there a timeline for filing the amended returns? Can I file 2024 tax forms in April and amended 2022, 2023 forms after April 15th?
