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Author: harveyivory Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25265  
Subject: Re: Easy 401k & IRA Tax Question Date: 6/24/2004 2:30 PM
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Fuskie
Who guesses there may be other reasons for this statement, but can not think of them at the moment...


I have one reason for these statements, to make sure your deposits get credited for the correct year. I thought I had been making my contributions in March/April for the previous tax year, but the nice people at the brokerage house figured if it was 1999, then the deposit must be for 1999 tax year. It was not until I caught up on my IRA deposits a few years later that they told me I had already made my deposit for this tax year. It was a lot of paperwork restating the last three years of deposits into the correct tax years.

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