DanaB27
Expert Alumni

After you file

Yes, if you make an IRA contribution for 2022 in 2023 then it will count towards the $6,000 limit for 2022. You will report the nondeductible traditional IRA contribution on your 2022 Form 8606.

 

You still can make the $6,500 contribution for 2023 as long as you have enough taxable compensation in 2023.

 

 

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