SumDay
Thinks s/he gets paid by the post
- Joined
- Aug 9, 2012
- Messages
- 1,862
TODAY, I received a SEP IRA Contribution Form 5498 from Vanguard, for the 2013 tax year. "Box 1 shows traditional IRA contributions for 2013 you made in 2013 and through April 15, 2014."
Problem is, even though this contribution was made 4/2/2013, it was clearly marked as being for the 2012 tax year. I deducted said Box 1 amount from our 2012 AGI on line 28.
Does this have to be "recategorized" or something? Seems like I've heard that term used before for instances like this. Can Vanguard do this? Do I have to file an amended return with the IRS? Does it even matter?
And, as a rhetorical question, even if this were a 2013 contribution, why am I just getting the 5498 in late May?
Problem is, even though this contribution was made 4/2/2013, it was clearly marked as being for the 2012 tax year. I deducted said Box 1 amount from our 2012 AGI on line 28.
Does this have to be "recategorized" or something? Seems like I've heard that term used before for instances like this. Can Vanguard do this? Do I have to file an amended return with the IRS? Does it even matter?
And, as a rhetorical question, even if this were a 2013 contribution, why am I just getting the 5498 in late May?
Last edited: