☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 10:20:50 AM

Do i benefit from filing for extension in order to get more deductions by putting more money toward retirement contributions?

i'd like to reduce taxes owed by putting more towards 2018 retirement account.

0 1 317
1 Replies
Intuit Alumni
Jun 1, 2019 10:20:51 AM

No, you will not benefit from doing this. You have up to April 15th, 2019 to make "2018 contributions" to your retirement account. Any contributions made after today will only count towards your 2019 tax return.