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garywkey
New Member

If I open a ira in2018 can I get a tax break for 2017

 
3 Replies
Rachel_W
Level 4

If I open a ira in2018 can I get a tax break for 2017

Yes, if you are eligible to contribute to a Traditional IRA, you have until April 17, 2018 to make your IRA Contribution for Tax Year 2017.

Click on the link to view a TurboTax Article about determining your eligibility for  Deducting IRA Contributions.

amit20190
New Member

If I open a ira in2018 can I get a tax break for 2017

TurboTax software say April 17, 2017 (not 2018) too late to contribute or is this a error?
Rachel_W
Level 4

If I open a ira in2018 can I get a tax break for 2017

The deadline this year is April 17, 2018 for 2017 IRA Contributions. (It must be an error if you are seeing 2017 for deadline year).
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