Comments on: Don’t Miss the IRA Contribution Deadline

By: Charles Buess

Charles Buess — Tue, 02 Apr 2019 20:43:02 +0000

Apparently, the client had forgot [forgotten] to transfer funds…..

Ultimately, since the check bounced, they were unable to make a contribution for that year. Had they came [come] in much sooner….

Grammar matters….

By: Jeff Rose

Jeff Rose — Wed, 31 May 2017 19:11:51 +0000

In reply to trldown. Generally speaking, you can make the contributions as late as Oct 15 IF you filed for an extension. Otherwise you've missed the deadline. But you can check with a tax preparer to see if you can do an amendment.

By: trldown

trldown — Fri, 12 May 2017 19:53:34 +0000

What if I miss the April 15th deadline for contributions to be made in the previous year after filing my taxes with the assumption of making the contributions? Is there a way to have them applied for previous year? Or do I have no choice but to amend my taxes? This is a hypothetical question btw.

By: Julie

Julie — Tue, 22 Jan 2013 01:20:18 +0000

Although I’m not a US citizen this is a great reminder… for those of us North of the boarder it is RRSP’s and the contribution deadline is March 1st 2013. Last year I missed doing a top up in time (thought I had a good return without the top up)… won’t make that mistake again!

By: Jeff Rose

Jeff Rose — Sat, 19 Jan 2013 04:08:01 +0000

In reply to Shane @ Beating Broke. @ Shane Wow. I just glanced over the comment in haste today and didn't realize how "spun" it was. Comment is still live, but the link has been removed.

By: Shane @ Beating Broke

Shane @ Beating Broke — Sat, 19 Jan 2013 04:03:04 +0000

In reply to Amy W.. Thanks for spinning my comment, Amy. You may want to work on your alternative words in your spinner though. Can't really replace April 15 with May 15...

By: The Happy Homeowner

The Happy Homeowner — Fri, 18 Jan 2013 17:45:32 +0000

Thanks for the reminder! Just added this to my to-do list (embarrassed that it somehow slipped off it this year).

By: Amy W.

Amy W. — Fri, 18 Jan 2013 11:31:41 +0000

The item probably in addition holds referencing that you might want to wait until eventually you’ve produced your last info for a IRA before you decide to document your taxes. I’ve read testimonies of men and women processing his or her taxes earlier and experiencing them to can down payment up to May 15 and being forced to document a amended duty come back to operate the correct total on the type.

By: Totio Filipov

Totio Filipov — Fri, 18 Jan 2013 08:51:34 +0000

In reply to Shane @ Beating Broke. Yes, that's right. I speak from personal experience. It happened to me last year and was far from pleasant.

By: Shane @ Beating Broke

Shane @ Beating Broke — Fri, 18 Jan 2013 05:56:53 +0000

It probably also bears mentioning that you want to wait until you’ve made your final contribution to your IRA before you file your taxes. I’ve heard stories of people filing their taxes early and then hearing that they could deposit up until April 15 and then having to file an amended tax return to use the correct amount on the form.