@Opus 17
Thank you very much for the detailed response. I have a few more questions about the process:
I read online that it’s generally allowed to amend tax returns up to three years after the original filing. However, my excess contribution was made in 2021, which is now more than three years ago. In that case, will the IRS still consider my amendment request?
I wasn’t able to figure out how to amend my return using the TurboTax app, so I’m doing it manually. I want to make sure I’m doing it correctly. For 2021, I filled out Form 5329, Part IV, lines 23–25. On Form 1040-X, I only changed line 10 (Other taxes), line 11 (Total tax), and line 20 (Amount you owe), along with an explanation. Am I missing anything?
Thank you again for your patience—I truly appreciate it!
