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I just opened a new Roth IRA account and made a deposit. I want it to be effective for tax year 2018. How can I amend my return to add it?

 
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I just opened a new Roth IRA account and made a deposit. I want it to be effective for tax year 2018. How can I amend my return to add it?

https://ttlc.intuit.com/questions/4667233-how-do-i-amend-a-2018-return-in-turbotax

Roth contributions are never deductible, but might qualify you for the Retirement Savings Credit.

Be sure the plan administrator records it as a 2018 contribution.

I just opened a new Roth IRA account and made a deposit. I want it to be effective for tax year 2018. How can I amend my return to add it?

Unless it would qualify you for the savers credit, there is no need to amend.

A Roth IRA contribution does not actually go on a tax return, but you should enter it anyway to:

   1) Tell you if your income qualifies you for a contribution and warn you if it does not.
   2) Check if your income exceeds the limit to contribute to a Roth.
   3) Track your contribution year-to-year if you use TurboTax every year.
   4) Add the Retirement Savers Credit if you qualify.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

I just opened a new Roth IRA account and made a deposit. I want it to be effective for tax year 2018. How can I amend my return to add it?

Thank you!
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