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So with a traditional IRA, its obviously critical and imperative to your tax return to know the how much and when you are opening/contributing to one.

But with a ROTH IRA, does it matter? Say you already filed your taxes for the year and then realized you have some extra money in your savings account you would like to put away in a tax free vehicle, like the ROTH. As long as your MAGI is under the limit, can you just go to any online broker and open up a ROTH and not have to fill out some tax return related form?

I noticed one of the popular tax software programs asks that question during the return interview process. Is it too late after the fact?

Thanks
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