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Retirement tax questions
No, you do not need to amend your 2024 return.
The entry under "Corrective distributions made before the due date of the return" goes on line 2 of Form 5329. For line 3 line 2 is subtracted from line 1 but you do not enter a negative amount. Therefore, your return doesn't change and you do not need to amend your return since each time you will ended up with $0 (or blank field) for line 3.
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‎April 8, 2025
7:44 AM