2024 1099-R code PJ, Do I need to amend my 2023 return?

[belizondo09]

Hi all,

I am going through my 2024 return. When I enter my wife and my 2024 1099-R, TuboTax is indicating that i will need to amend my 2023 return.  Last year, in January, when we did our 2023 taxes, we realized we overcontributed and had our brokerage withdraw the excess funds contributed to our Roth IRAs in 2023 before the deadline, and deposited them to our Traditional IRA. My understanding was that this would correct any issues. Do I still need to amend last year's return? I am in Texas for reference, don't know if that matters. also the IRA/SEP/SIMPLE box is not checked, both boxes in 2B are unchecked.

Thank you in advance!

[MaryK4]

If you made the corrective distribution and reported the income (BOX 2A) on your 2023 return, you would not have to amend.  However, if you did not include the Box 2A income, you must amend.