DanaB
Expert Alumni

Retirement tax questions

No, you do not need to amend your return. As long as the Roth contribution is within the allowed limit.

For 2018, your total contributions to all of your traditional and Roth IRAs cannot be more than:

  • $5,500 ($6,500 if you’re age 50 or older), or
  • your taxable compensation for the year, if your compensation was less than this dollar limit.

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