which of the following statements is true concerning when ira/roth contribution must be made ? A,...
which of the following statements is true concerning when ira/roth contribution must be made ? A, if allison extends her 2017 tax return and then files it 10/15 she must make the contribution by 12/31. B,if travis files his 2017 tax return 3/15. he will need to have already made his Roth contribution
Homework Answers
A. The deadline to contribute to ira/roth is the date on which return is originally due i.e.Apr 15. No Tax filing extensions are considered for the same. Hence,the contribution shall be made within Apr 15.
B. Contribution can absolutely be made even after filing of taxes by official deadline i.e. Apr 15.
Considering above explanation, both of the statements are not true.
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which of the following statements is true concerning when ira/roth contribution must be made ? A,...
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