Excess Roth?

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • zeros
    Senior Member
    • Dec 2006
    • 921
    #1

    Excess Roth?

    I just received the paperwork to file client's 07 return (new client). Have extension to 10/15. It looks like there will be about $1140.00 in earned income. He contributed $4000 to a Roth IRA for 2007. What do I do now?
    Last edited by zeros; 08-29-2008, 04:07 PM.
    Tags: None
    • taxea
      Senior Member
      • Nov 2005
      • 4292
      #2
      you research Pub 17 and the IRS retirement publication to see how this is handled. taxea
      Believe nothing you have not personally researched and verified.

        Comment

        Previous template Next

        Disclaimer

        Collapse

        This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

        Working...