I noticed that for at least 5-6 years during my childhood my father made Ira contributions for me. I had earned income for a couple of thousand dollars at the time. He then filed taxes on behalf of me, took the Ira deduction as well as the standard deduction resulting on a negative taxable income… of course he could have probably done non deductible contributions and still ended up with a zero tax bill but this is not what happened. Well I’m now 40 and I just noticed it. Over the years the contributions associated with this mistake grew to be quite sizable, so it makes a nontrivial difference whether the contributions are deductible or not. Is there anyway to remedy this situation? I’m not sure if amending old taxes is an option given that amendments seem to be allowed only for the last 3 years, and the issue here dates back to 90s. Any advice on this unusual situation?
