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Report excess IRA Contribution again, or is it fixed?
Made an excess contribution to both my wife's and mine Roth IRA's in 2015....Didn't realize until mid year 2016....Removed the excess contribution and interest from the accounts. Received a 1099-R for both our accounts, when I went to enter in TT 2016 it advised I needed to amend my 2015 year return...Which I did, entered both 1099-R printed and mailed in a payment....
Back to doing my 2016 taxes, in the Roth IRA section they ask me to enter "Excess Roth IRA contributions for prior years"...Do I put this amount their again? Or do I put zero since I corrected and amended my 2015 return to address the excess contribution?
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May 31, 2019
10:22 PM