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Can i finish the Roth IRA portion of my taxes with if i will still be making contributions until April?

 
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3 Replies
DanaB27
Expert Alumni

Can i finish the Roth IRA portion of my taxes with if i will still be making contributions until April?

Yes, if you know that you will be making Roth IRA contributions for 2021 by the due date then you can already enter these into TurboTax:

 

  1. Login to your TurboTax Account 
  2. Click on "Search" on the top right and type “IRA contributions”
  3. Click on “Jump to IRA contributions"
  4. Select “Roth IRA
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Can i finish the Roth IRA portion of my taxes with if i will still be making contributions until April?

Try to be consistent in your actions with what you pre-report on your tax return.

For a Roth IRA it doesn't matter but for a Traditional IRA for 2021, you have to be right.

dmertz
Level 15

Can i finish the Roth IRA portion of my taxes with if i will still be making contributions until April?

It also matters for a Roth IRA contribution if that contribution qualifies one for a Retirement Savings Contributions Credit.

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