Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
V
vinwise
March 15, 2022
Question

Failed to report 2021 Roth contribution

  • March 15, 2022
  • 1 reply
  • 0 views

I open a roth in 2021 and forgot to report it on my federal 2021 taxes I filed.  There is no excessive contribution. Do I need to do anything like amend my taxes?

    1 reply

    M
    MinhT1
    March 15, 2022

    No. There is no need to report a Roth IRA contribution on your tax return. These contributions are not deductible.

     

    But you need to keep track of the amounts contributed each year.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
      TurboTax Sign In Widget
      TurboTax flag icon

      Unlock tailored help options in your account

      Create an account
      TurboTax Expert Assist
      TurboTax Expert

      Get answers to all your tax questions

      Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

      Terms & ConditionsAccessibility statement
      Intuit
      TurboTax Credit Karma QuickBooks MailChimp

      ©1997-2022 Intuit, Inc. All rights reserved.
      Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
      of Intuit Inc. Terms and conditions, features, support, pricing, and service options
      subject to change without notice.

      Security Certification of the TurboTax Online application has been performed by
      C-Level Security.

      By accessing and using this page you agree to the Terms of Use.

      Accessibility

      TRUSTe nResult Certified e-File C-Level Security Certification