I opened an IRA in my bank and included it on my return. What else do I need to do? How does the IRS know that we opened it?
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That's all you need to do. The IRS will take your word for it on your return, but they would find out eventually if you didn't really open the IRA! [They have ways!]
That's all you need to do. The IRS will take your word for it on your return, but they would find out eventually if you didn't really open the IRA! [They have ways!]
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