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Level 1
June 1, 2019
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What qualifies as by the April 15, 2019 deadline for 2018 IRA contributions? Does a postmark on a letter including the deposit check count?

  • June 1, 2019
  • 2 replies
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    No. While that qualifes for the tax return to be filed, they account must be physically open and funds deposited before midnight April, 15.

    2 replies

    Answer
    June 1, 2019

    No. While that qualifes for the tax return to be filed, they account must be physically open and funds deposited before midnight April, 15.

    Level 15
    June 1, 2019

    It's up to the financial institution to determine whether or not they will use the postmark date as indicating that the contribution was made by the deadline.   Some will, some won't, so don't count on them going by the postmark date.

    June 1, 2019
    Mine did not.