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February 13, 2020
Question

Do I have to file an amended return for 2018 if an over contribution to an IRA was not withdrawn but moved by the investment company to a 2019 contribution in 2020

  • February 13, 2020
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1 reply

Employee
February 13, 2020

You are apparently asking this question because you received a 2019 Form 1099-R that includes code P in box 7.  If your filed 2018 tax return does not already reflect the return of contribution reported on this Form 1099-R and any taxable income reported in box 2a of this Form 1099-R, yes you must amend your 2018 tax return.