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Reply to "Excess Roth/Amended return"
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[quote=Anonymous][quote=Anonymous]Last year I made an excess Roth contribution due to my not understanding how my 1099 earnings were defined. I quickly realized the mistake and while using turbotax and corrected it. In the short amount of time it was deposited, it earning 4 cents of interest which I got a check for. TurboTax is saying I need to amend my 2021 for the 4 cents of income. I can ignore right? This all actaully happened in 2022 but it was related to a 2021Roth.[/quote] Ignore. The AGI and taxable income and finally tax won't change at all. [/quote]
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