Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Posting-Version: version B 2.10.2 8/7/84; site ucbvax.ARPA
Path: utzoo!watmath!clyde!cbosgd!ihnp4!ucbvax!cooper
From: cooper@ucbvax.ARPA (Eric Cooper)
Newsgroups: net.taxes
Subject: Question about overpayment to Keogh plan
Message-ID: <3704@ucbvax.ARPA>
Date: Fri, 7-Dec-84 20:29:22 EST
Article-I.D.: ucbvax.3704
Posted: Fri Dec  7 20:29:22 1984
Date-Received: Sun, 9-Dec-84 02:19:00 EST
Reply-To: cooper@ucbvax.UUCP (Eric C. Cooper)
Organization: University of California at Berkeley
Lines: 13
Summary: 

References:

I made my contribution to my Keogh plan early in the year to minimize
tax on interest. But I over-estimated how much I was going to earn,
so now I find I've over-contributed (above the 15%-of-net limit).

Should I
	1. report the difference and the interest on it as income?
	2. leave it alone for this year and compensate with a smaller
	   contribution next year?
	3. do something else?

Thanks in advance.

					Eric Cooper