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Level 1
December 7, 2019
Solved

The tax client wants to contribute to a Roth IRA for 2018. He has already filed his 2018 return. Do I need to file an amended return to report this contribution?

  • December 7, 2019
  • 2 replies
  • 22 views
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Best answer by TaxMonkey

Where were you planning to report it?

2 replies

TaxMonkeyAnswer
Level 7
December 7, 2019

Where were you planning to report it?

Level 3
December 7, 2019
You would not have to amend it unless it created a credit for Retirement savers credit.  Then you may want to.  If you do not amend I would still put it into the tax software to keep track of basis in case they take a distribution out before age 59 1/2.