Hello, maybe somebody can assist/help me on this topic,
Client, self-employed with no employees, contributed in SEP IRA for 2021 and just informed me. FIDELITY sent this massage to client that you will receive an updated 5498 or 5498-SA tax form by the end of May if you made a prior-year contribution to traditional or Roth IRA.... Now, I am going to enter the amount which client contributed in the KEOGH, SEP and SIMPLE CONTRIBUTION WORKSHEET line 4a in SEP section. Is there any thing else that I have to care of this topic?
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Just enter the amount that will be contributed for 2021 and you will be ready to move on to the next return.
Just enter the amount that will be contributed for 2021 and you will be ready to move on to the next return.
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