I prepared my own tax returns for 2024 and this is the first year I contributed to an IRA. On the tax return, I claimed my contribution on a traditional IRA and received a small refund due to the deduction.
    My actual contribution with the bank was to a Roth IRA. Which I've recently learned is tax deferred, not deductible.

    1. Do I need to amend this?
    2. Will I owe for the return I received plus fees and interest?

    Please help 🙏

    Help with a tax return question/IRA Contributions
    byu/Significant-Tie6641 intax



    Posted by Significant-Tie6641

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