Already filed - then got investment statement.?

I already e-filed my taxes, thinking I had all my information. Today I got an IRA statement (form5498) from an account that I just started a few months ago and had forgotten about. My Roth IRA contributions total $150. What should I do?

You don't have to do anything. Form 5498 is an informational form that is provided to the IRS that documents your contribution to your Roth IRA. Since your Roth IRA is not deductible, it has no impact on your income tax return.

amend

Tags

　　Investment Company 　　Investment Calculator 　　Investment Bank 　　Investment Advice 　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund

Related information

I wish to find a Investment Lawyer in Rotorua New Zealand?

Go to the BNZ, they should be able to help you.

...

Initial minimum investment - mutual funds?

No, there are a large number of funds that have extremely low minimums if you are starting an automatic deposit program, in fact there are too many to list here. But a few examples: $1000 minim...

Which has higher return on investment (on average) IRA's or 401K's?

There are tax implications that will dictate how much you can put into these types of accounts (so check that out before you put any more money into the IRA). However, in most 401(k) plans, the ...

I have withdrawn my UGMA investment. How do I report this on my income taxes?

Presumably the UGMA was invested in something. The year that the item is sold, you will get a 1099-B. Hopefully your account statements will show your basis so you can report something other th...

What type of investment should be made?

To answer your last question "What results in the most money at the end of the 30 years?" In the past (disclosure: past results do not guarantee future results) the answer has been in...

IS 1.5 % annual fee for an investor account SMith Barney too costly?

Do you believe your advisor can beat your picks by 1.5% per year? Put another way, if you average 10% per year with index funds, do you think your advisor will do better than 11.5%? Is he THAT ...

First Atlantic Investment Group...Anyone heard of them?? Need response ASAP!!?

Could you meant First Atlantic Capital? I think there is a Canadian outfit by that name?

...

Best return on $500 investment ?

Since you need the money so soon, you really don't have much risk tolerance. So I think you should stay out of the stock market. Put it in a CD or high interest checking account. You'd...