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SEP IRA contribution made in 2022 but it is for 2021
I read that SEP IRA contributions are reported the year they are made, but can be counted for the prior year.
To confirm, if I make a contribution in 2022 before filing my taxes I can make it count for the prior year 2021. Am I understanding this correctly?
To confirm, if I make a contribution in 2022 before filing my taxes I can make it count for the prior year 2021. Am I understanding this correctly?
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March 18, 2022
11:32 PM