What a wonderful way to spend a Saturday! Ugh. At least now I’ve figured out that I can contribute $2,500 to my 2005 SEP-IRA. I plan to open one up at Vanguard by the April 17th deadline and then merge it with the rest of my Traditional IRA funds. Am I supposed to mail my returns via Certified Mail? I’m not – If they cash my check then that should be proof enough.
Here is a useful SEP-IRA contribution calculator (Thanks Wes). If you had Google Adsense revenue in 2005, don’t forget that it’s taxable income! Check out Adsense Taxes for more information and tax-minimizing ideas.