sw16
Level 2

Roth IRA contributions

Helping son with taxes.  He opened a Roth IRA in 2020.  As part of this he contributed $6000 in 2020 that was characterized as 'for a prior year'.  He then also made a $6000 contribution in 2020 for that year.

When completing the tax form, we put he contributed 6000 for 2020 but when it asks if he opened it in a prior year and did he make contributions should we say 'yes' and add the $6000?  Technically he did not open prior to 2020, but the first contribution is characterized as 'for a prior year'.  

 

Thanks!