Another issue……..taxpayer is having IRA contribution automatically withdrawn from paycheck and deposited in account. By default…..I am just guessing but it seems natural that contributions made in 2019 would be considered 2019 contributions and not eligible for the 2018 savers credit unless somehow the bank could be persuaded to reclassify them as 2018 contributions. Does it matter when that reclassification is done and any tips for persuading them to do it?
Right now the 2018 contributions are negated by prior yr distributions
but if the contributions YTD in 2019 could be reclassified, the “full”
credit could be obtained……limited by tax liability tho .