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JP2
Level 1

What is the deadline for setting up an IRA for the 2016 tax year?

I need to fill out Form 8962 on this tax return
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ThomasM
New Member

What is the deadline for setting up an IRA for the 2016 tax year?

You have until the deadline for filing the individual tax return -- April 18, 2017 -- to make a contribution to an IRA.

When you click on the Traditional and Roth IRA Contributions heading in TurboTax (Federal Taxes > Deductions & Credits > Retirement & Investments) you'll be asked Did you contribute to a Traditional IRA, and you'll see the special note telling you to answer "yes" if you plan to make a regular contribution by April 18, 2017.

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1 Reply
ThomasM
New Member

What is the deadline for setting up an IRA for the 2016 tax year?

You have until the deadline for filing the individual tax return -- April 18, 2017 -- to make a contribution to an IRA.

When you click on the Traditional and Roth IRA Contributions heading in TurboTax (Federal Taxes > Deductions & Credits > Retirement & Investments) you'll be asked Did you contribute to a Traditional IRA, and you'll see the special note telling you to answer "yes" if you plan to make a regular contribution by April 18, 2017.

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