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Level 2
posted Feb 2, 2025 12:18:48 PM

1099-R box 7 shows 8 & J. However, the excessive $ amount is added to total Roth IRA conversion, which increases AGI. How can I get it corrected AGI?

should I edit 1099-R or file 1040-X later?

0 1 1046
1 Replies
Expert Alumni
Feb 8, 2025 3:27:07 PM

Delete the 1099-R. You have to enter the traditional IRA contribution first, then enter the 1099-R so it can match up the already taxed money.

You do not want to file an amended return when this can be fixed now.