sunsetcity67
Returning Member

Retirement tax questions

Thank you but I am trying to understand.

 

My statements are in regards to 2010 - not 2011. 

 

In 2010 I filed stating I had contributed $5,000 to my deductible IRA.  The reality is I contributed only $4,286 to my deductible IRA in 2010.  It would have been $5,000 had I not forgotten and applied $714 to 2011 instead of 2010. In 2011 I filed that I had contributed a total of $714 to my NON-deductible IRA.  SO for 2011, I am not really concerned.

 

Does that help? I realize it is more than 10 years ago but for my own sanity and documentation, I want to understand the implications, if any.