Can I not fund a Roth when I stated I would for 2016

acadachiev · ‎June 1, 2019

I filed my 2016 taxes stating I would fund a Roth IRA. If decide not to fund by April 15 th do I need to file an amendment?

PaulaM · ‎June 1, 2019

In general, no amendment is needed for deciding not to fund a Roth IRA. There is no deduction, thus no entry for a Roth contribution.

Note: If you too the Retirement Savings Contribution Credit based on your intended Roth IRA contribution, then you would need to amend your return.

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View solution in original post

PaulaM · ‎June 1, 2019

In general, no amendment is needed for deciding not to fund a Roth IRA. There is no deduction, thus no entry for a Roth contribution.

Note: If you too the Retirement Savings Contribution Credit based on your intended Roth IRA contribution, then you would need to amend your return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Can I not fund a Roth when I stated I would for 2016