topic 401kor 401k Roth I want to make an extra contribution to lower what I owe in 2016. It that possible? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/401kor-401k-roth-i-want-to-make-an-extra-contribution-to-lower-what-i-owe-in-2016-it-that-possible/01/661839#M62982 Thu, 06 Jun 2019 09:38:15 GMT suzrosborough 2019-06-06T09:38:15Z 401kor 401k Roth I want to make an extra contribution to lower what I owe in 2016. It that possible? https://ttlc.intuit.com/community/retirement/discussion/401kor-401k-roth-i-want-to-make-an-extra-contribution-to-lower-what-i-owe-in-2016-it-that-possible/01/661839#M62982 Thu, 06 Jun 2019 09:38:15 GMT https://ttlc.intuit.com/community/retirement/discussion/401kor-401k-roth-i-want-to-make-an-extra-contribution-to-lower-what-i-owe-in-2016-it-that-possible/01/661839#M62982 suzrosborough 2019-06-06T09:38:15Z No.  You cannot contribute to a 2016 401(k) after Dec, 31... https://ttlc.intuit.com/community/retirement/discussion/no-you-cannot-contribute-to-a-2016-401-k-after-dec-31/01/661845#M62983 <P>No.&nbsp; You cannot contribute to a 2016 401(k) after Dec, 31, 2016 - only IRA's for 2016 can be contributed to before April 18, 2017 and only Traditional IRA's are deductible if not limited by the amount of your MAGI.<BR /></P><P>And 401(k) Roth contributions will not lower your tax since they are after-tax money.<BR /></P> Thu, 06 Jun 2019 09:38:17 GMT https://ttlc.intuit.com/community/retirement/discussion/no-you-cannot-contribute-to-a-2016-401-k-after-dec-31/01/661845#M62983 macuser_22 2019-06-06T09:38:17Z