DianeC958
Expert Alumni

Retirement tax questions

You cannot report a contribution made to an IRA for 2018 on your 2019 tax return.

 

If you did not report this contribution on your 2018 return you need to amend your 2018 return to include the information.  If you qualify to receive a deduction for the contribution it will reduce the amount of tax your owe for 2018 and you will receive a refund.

 

If the contribution is not deductible the program will generate form 8606 to show that it is a non-deductible contribution and then when you convert it to a Roth IRA you will not be taxed on the conversion amount.

 

Link to How to Amend Prior Years Returns Using TurboTax

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