Have a Tax Question? Ask a Tax Expert
Hi Earlene, my name is Mark. I am a CPA, I would be happy to help you with your question.
On the $18,000 distribution was anything withheld for taxes?
Are you older than 59 1/2?
You mentioned that you were not able to print a complete copy of your tax return. Do you know if there was any taxable income on your original return?
There are a couple of ways to approach this situation. The first solution would be to amend your return. To do this you would need a copy of the return you filed. The second solution would be to wait for an IRS notice. The IRS will likely send a notice reporting the additional $18,000 in interest. Are you still at the same address that you filed you used when you filed your return?