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New Member
posted Jun 3, 2019 5:30:59 PM

Can I make deposits to an IRA on my 2016 tax return not that we are in 2017? Can any amount of IRA deposit in 2017 be used as a deduction for 2016?

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1 Best answer
Expert Alumni
Jun 3, 2019 5:31:01 PM

You can make a contribution to a Traditional IRA (if you are eligible) before April 18, 2017 and deduct it on your 2016 tax return.

1 Replies
Expert Alumni
Jun 3, 2019 5:31:01 PM

You can make a contribution to a Traditional IRA (if you are eligible) before April 18, 2017 and deduct it on your 2016 tax return.