IRA deduction claimed but not actually funded
Client claimed tradition IRA deduction for 2018 taxes based on deposit that was supposed to be made prior to April 15, 2019. However, the deposit was never received. What is the remedy in this situation? File amended tax return or make late deposit to IRA?
Permalink Submitted by William Tuttle on Thu, 2019-10-03 17:46
An amemded return is required.