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I am 21 years old and brand new to investing. My question concerns the ability to invest in IRA's for a previous year up until the tax filing deadline of that year(April 15 2002) .
If I inherited some money, say in February 2002 and had already filed my year 2001 tax return, could I still contribute to a Roth IRA for the year 2001 since the money is inherited and won't be taxed anyway?

If any Fool out there can help please do. Thanks.

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