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April 1, 2020
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I’ve already filed my 2019 taxes. I found out the 2019 Roth IRA contribution deadline has been extended to July 2020. I want to contribute to 2019. Must I amend my taxes?

  • April 1, 2020
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Best answer by MinhT1

If you wish to contribute to a Roth IRA, you do not need to amend your tax return as contributions to a Roth IRA are not tax deductible.

 

You have to verify that your contribution is not limited by your MAGI so that you do not over-contribute.

 

Please see this IRS document for more information.

1 reply

MinhT1Answer
April 1, 2020

If you wish to contribute to a Roth IRA, you do not need to amend your tax return as contributions to a Roth IRA are not tax deductible.

 

You have to verify that your contribution is not limited by your MAGI so that you do not over-contribute.

 

Please see this IRS document for more information.

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lolaalapoAuthor
April 2, 2020

Thank you! This is very helpful!