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jillnw
New Member

I need to amend my 2015 return because I entered my 401K contribution as an IRA contribution and its showing up that I over paid on the 2016 return. How do I fix this?

 
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I need to amend my 2015 return because I entered my 401K contribution as an IRA contribution and its showing up that I over paid on the 2016 return. How do I fix this?

Yes you should amend the 2015 return.

The 401K is already taken in account when you enter the W-2.

Entering it as a contribution, probably caused an over funded retirement account, and you will penalized each year. 

To amend the 2015 return see below:

Note: Amended returns are printed and mailed in. 

https://ttlc.intuit.com/replies/3288565

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1 Reply

I need to amend my 2015 return because I entered my 401K contribution as an IRA contribution and its showing up that I over paid on the 2016 return. How do I fix this?

Yes you should amend the 2015 return.

The 401K is already taken in account when you enter the W-2.

Entering it as a contribution, probably caused an over funded retirement account, and you will penalized each year. 

To amend the 2015 return see below:

Note: Amended returns are printed and mailed in. 

https://ttlc.intuit.com/replies/3288565

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