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If I put money in my IRA Feb 2022 and got the tax form May 2022, do I count that contribution towards my 2022 or 2021 taxes?

The investment website had the Form 5498 listed under 2021 tax forms but I've read that you can contribute until April of the following year and have it still count for the previous year...hence my confusion.
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3 Replies

If I put money in my IRA Feb 2022 and got the tax form May 2022, do I count that contribution towards my 2022 or 2021 taxes?

When you made the contribution did you tell the IRA plan it was for 2021?  Did you enter it into your 2021 return?

If I put money in my IRA Feb 2022 and got the tax form May 2022, do I count that contribution towards my 2022 or 2021 taxes?

No, I did not enter it in my 2021 tax return. Do I need to amend my 2021 tax return and include it? If so, how do I do that?

If I put money in my IRA Feb 2022 and got the tax form May 2022, do I count that contribution towards my 2022 or 2021 taxes?

when it is before April 15th you have to specify which year you want.

Check with your custodian to ascertain what year they put it under as their default.

OR

the form you got may tell you.

@heather-kromer 

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