Can I Contribute to Ira after I have filed taxes

[Marketstar]

Yes, you may be able to increase your refund (or decrease taxes owed) by purchasing a Traditional IRA, and you have until April 18, 2016 to do so-even if you file before that date..

Although the Roth IRA is not tax deductible as is the Traditional IRA, both may qualify you for the Saver's Credit, which may also increase your refund.

For 2015, you can contribute up to $5,500 of your earned income ($6,500 if over 50)

See 2015 IRA Deduction Limits  if you are covered by a retirement plan at work.

See 2015 IRA Contribution Limits if you are not covered by a retirement plan at work.

To report a Roth or Traditional IRA in TurboTax Online:

• Click My Account (Top right of your screen).
• Select Tools.
• In the pop up window, select Topic Search.
• In the search bar, type in ira contributions.

Highlight it and select GO, and follow the prompts.