What type of IRA - Traditional or Roth?
If Roth then there is nothing that requires amending.
A Roth IRA contribution does not actually go on a tax return, but you should enter it anyway to:
1) Tell you if your income qualifies you for a contribution and warn you if it does not.
2) Check if your income exceeds the limit to contribute to a Roth.
3) Track your contribution year-to-year if you use TurboTax every year.
4) Add the Retirement Savers Credit if you qualify.
If Traditional then it must be reported on a amended 2018 tax return to report it and claim a deduction if yiu want to deduct it.
If it is a non deductible contribution then you need to file a 2018 8606 form reporting the non-deductible contributor.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
