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Retirement tax questions
@dmertz, Thank you for the reply, this has definitely helped to clear some things up. I will look into the form 5305 to see if it is in fact a 5305 or a prototype.
Just to make sure I'm understanding everything correctly: If it is a prototype and does allow both, the contribution for 2021 which was made in 2022 won't need to be reconciled, but rather can be absorbed into my 2022 contribution.
If it is a prototype and does allow both, is this something I should correct on my 2021 tax return?
Thank you again! I have had a tough time getting clear answers on this.
‎April 23, 2022
4:50 PM