So, last year I started a ROTH IRA, but because I make over the allowable income limit 8 had to first contribute the money to a non deductible IRA and then convert it. (Must I say this is ridiculous)
However, this year I somehow totally forgot about this and just directly contributed/deposited 7k into my Roth IRA from my checking account without first sending it to my non deductible IRA then convert it.
How can I fix this? Or is it basically impossible?
However, this year I somehow totally forgot about this and just directly contributed/deposited 7k into my Roth IRA from my checking account without first sending it to my non deductible IRA then convert it.
How can I fix this? Or is it basically impossible?
Statistics: Posted by Sasquatch1 — Thu Jan 25, 2024 6:55 pm — Replies 5 — Views 200