I want to close out an IRA. It is allowable to report the amount as income for 2016 if I do this before April 18th?

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I want to close out an IRA. It is allowable to report the amount as income for 2016 if I do this before April 18th?

No. Under some circumstances, you can include contributions made up until April 15 as contributions for the previous year. But withdrawals are always reported on the year they are actually paid.

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I want to close out an IRA. It is allowable to report the amount as income for 2016 if I do this before April 18th?

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I want to close out an IRA. It is allowable to report the amount as income for 2016 if I do this before April 18th?

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I want to close out an IRA. It is allowable to report the amount as income for 2016 if I do this before April 18th?

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