[net.taxes] Question about overpayment to Keogh plan

cooper@ucbvax.ARPA (Eric Cooper) (12/08/84)

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