Gemator
Level 2

Is it still possible to set up IRA or any retirement plan for tax year 2019 until July 15 this tear?

0 Cheers
TAXOH
Level 11

Contributions may be made to your IRA, for a particular year, at any time during the year or by the due date for filing your return for that year. Because the due date for filing Federal income tax returns has been postponed to July 15, the deadline for making contributions to your IRA for 2019 is also extended to July 15, 2020.

View solution in original post

qbteachmt
Level 15

Please don't keep starting the same issue on new topics. You have this one here, so let's continue your discussion here. Thanks.

*******************************
"Level Up" is a gaming function, not a real life function.
abctax55
Level 15

IRA or SEP = yes.

401K or Simple = no.

The answers to these questions are readily available via google, IRS.gov, and any good continuing education.

 

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"