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Retirement tax questions
@katekatekate wrote:
thank you so much!
do you think what you said about paying 6% for 2019 is true even if the contribution for 2019 was actually made in 2020? I would only be able to receive form 5498 for year 2020.
if that is true, I guess in essence the fact that I only got 6% of one of the returned contribution back is correct.
also do you have any idea what was wrong for my state tax?
A contribution *for* 2019 made *in* 2020 is till a 2019 contribution reported on a 2019 tax return.
(I'm in CA and know nothing about NY tax).
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎October 13, 2021
8:28 PM