FMV on IRA contribution
Where do I report the FMV on IRA contribution worksheet? If the FMV is less than $10 do I need to report it? Thankis!
1
526
djMqG4QTyr3RjjacfA8pyY
1 Reply
ArchieLeach
Questions asked: 356
Questions answered: 9032
Points earned: 11116
Questions answered: 9032
Points earned: 11116
Accountant Community AllStar
Advisory council of Accountant community power users.
09/26/09 1:20pm PDT
Latest post
Less than $10, I'd forget it.. But if you must, it goes on the IRA Information Worksheet, Part I, Line 2.
Morons. I've got MORONS on my team. Nobody is going to rob us going DOWN the mountain. We have got no MONEY going DOWN the mountain. When we HAVE GOT the money, goin' back UP the mountain, THEN you can sweat.
