Hi,
Thanks so much for the detailed reply.
I haven't actually filed the return yet.
When you contribute to Vanguard they have a drop down menu. When you have contributed the max to your ira, it is not possible to contribute more. I understand though on the SEP that it is a varied amount for many. I called them and they said they so allow clients to contribute to a SEP until the end of the year, as some have different filing dates.
If I have Vanguard apply the entire amount to my 2019 SEP contribution, is it ok to leave it in there? Would there be any other issues, as long as that was a "correct" amount for 2019 and there was no excess? I have already contributed the max less $500 to my 2019 employee ira.
Another thought.....If I can get a First Time Abatement approval from the IRS, would that extend my tax "deadline", therefore extending the time I have to contribute to my SEP?
Any insight greatly appreciated.
Thanks
