Yes, you can make 2019 traditional IRA contributions until April 15, 2020, to potentially save on your 2019 taxes. Please ensure that you mark that the contribution is for 2019 when you make the contribution.
To see the effect enter contributions into TurboTax after entering everything else into TurboTax:
- Login to your TurboTax Account
- Click "Federal" from the left side of your screen
- Click “Deductions &Credits” on the top
- Scroll down to “Retirement and Investments” and click “Show more”
- Scroll down to “Traditional and Roth IRA Contributions” and click “Start”
- Select “traditional IRA” and continue through the questions.
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