Had a weird question come across my desk.
Client already filed their 2019 tax return. Advisor tells me "in filing, the client stated their intention to make a 2019 contribution". I honestly have no idea what that means. Stated their intention to the CPA? To the IRS?
I'm thinking it should not be an issue to make the contribution today (i.e., before July 15th), and then amend the already-filed 2019 return with a 1040X.
But this "client stated their intention to make a 2019 contribution" comment - is there any situation whereby you would need to state to the IRS on your filing that you intend to make a deductible IRA contribution after you've filed your return?
Wondering if I am missing something esoteric.