I added $20 extra to last year's Roth IRA contribution (2002) that I now <br>need to push onto this year's contribution (2003)

[Guest jmaland]

I have a problem where I added $20 extra to last year's Roth IRA contribution (2002) that I now need to push onto this year's contribution(2003). I have Form 5329 that I plan to send next week to pay there 6% penalty, but I'm not sure how to finalize the "moving" of the $20.

If I happen to not make any other contributions for this tax year, does the excess $20 just seem like a contribution I made during this tax year or are there other forms I need to fill out also to make this mistake fixed?

I also do not want to go through my broker since they want to charge me more than the amount I'm moving over to do this.

Thanks for any help.

Jim

[Appleby]

Check page 47 of IRS publication 590 available at http://www.irs.gov/pub/irs-pdf/p590.pdf