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Therese James
Does California comply with the Federal tax law concerning Roth Ira contributions of $3000.I can't find anything in California tax code that says that legislation was passed allowing Californians $3000.00 contributions per individual as well as the $500. make-up contribution for people over 50.
If I contribute over $2000. for 2002 and California isn't in compliance with the Federal FTB what would be the consequenses?
Appleby
Yes. California is a conforming state- see the URL below
http://www.americanbenefitscouncil.org/doc...update72602.pdf
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