I followed your instruction on how to amend my 2018 tax return how ever it increased tax due by $ 1,232 for an excess taxable amount of $ 606.78. The additional tax +penalty should have been no more than $ 128 if that.
What I did was open my 2018 turbo tax return added return of my already taxed amount of $ 13,607 in box 1 and 606.78 in 2a (Both me and spouse). The $ 13,607 was gross distribution and the gain was $606.78.
It may be due to the 1099-R issued for 2019 with the codes of J,P. The over contribution and the gain was returned in 2019.
What do I need to do? Buy a new Turbo tax disk or make the changes in ink on the orginal 2018 return. have included the 2019 1099-R on my 2019 return.
