If the reporter cashed the check for the month of death (and any later months), do not ask for a refund. Advise the reporter that the Treasury Department (TD) may request the funds back from the bank that cashed the check for a period of up to 12 months from the month that SSA learns of the death.
For example, if 5% of your non-Roth IRA are non-deductible contributions, then 5% of the conversion amount must be non-deductible contributions, and the rest must come from the deductible contributions, including earnings and rollover contributions.
Contributions (IRAs and Pension Plans). The most you can deduct for your contributions to you or your employee's SEP-IRA is the lesser of the following amounts. In 2015, the amounts in (2) above are $265,000 and $53,000, respectively.1  Your contributions (including any excess contributions carryover).educting Contributions (p6). Deductible Contributions. Generally, you can deduct the contributions you make each year to each employee's SEP-IRA. If you are self-employed, you can deduct the contributions you make each year to your own SEP-IRA.