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I already filed and today I received a 1099 R for a 2000 dollar distribution on a ROTH IRA. Do I need to amend my return?

 
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2 Replies
JohnB5677
Expert Alumni

I already filed and today I received a 1099 R for a 2000 dollar distribution on a ROTH IRA. Do I need to amend my return?

All income should be reported to the IRS, and they do have a copy of that 1099-R.  Are you over 59 1/2 and have you had the ROTH for over 5 years?  If you can answer yes to both questions it will not change your tax return.  If either of them is not true you will have to amend your return.

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I already filed and today I received a 1099 R for a 2000 dollar distribution on a ROTH IRA. Do I need to amend my return?

You cannot change or add anything on the return that you e-filed.  It is too late, just like when you put an envelope in a US mailbox

Now you have to wait until the IRS either rejects or accepts your return. If your return is rejected, you will be able to go into your account and add or change it and resend it.

If the IRS accepts your return, then you have to wait until it has been fully processed and you have received your refund or paid the tax due. THEN you can prepare an amended tax return 1040X and mail it in. You cannot e-file an amended return.  Meanwhile, DO NOT change anything on your return until you start the amended return. If you did change or add the missing info then take it out and put your return back to the way it was when you first filed it.

You can check your efiling status here,
https://turbotax.intuit.com/tax-tools/efile-status-lookup/

How to amend an Online return
https://ttlc.intuit.com/community/amending/help/how-do-i-amend-my-turbotax-online-return/00/27577

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