Vanessa:
Many thanks for responding to my posting! Surely appreciate the info.
When I saw your mentioning about the "underpayment penalty", I of course stopped - and had to look that up. I'm seeing that mostly affects "quarterly" payers. As I am working for an employer, my taxes are taken out each paycheck and then I file annually. I'll make sure that I use TT to draw up a mock return before I actually file it, to see where the numbers are, and then make that "end of year" IRA contribution before I actually file. I'm suspecting that will negate any penalty (or you can confirm my suspicions?)
Again, thanks for the information and what seems to be a supporting response to my thought process!
