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The IRS extended the deadline to midnight tonight. Does that
The IRS extended the deadline to midnight tonight.Does that extend the deadline to invest in an IRA for 2017 tax purposes? My financial planner forgot to deposit my check into the IRA yesterday.… read more
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i'm confused about self-employed SEP-IRA contribution deadlines. If a self-employed person wants to contribute to his SEP-IRA, if he files a 2017 extension can he make the contribution by the extended… read more
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This is a question for Tax Professional only... ... Does a
This is a question for Tax Professional Barbara only...Hi Barbara ... Does a SEP have to be opened before 4/17 if we are filing for an extension and won't know the amount we want to contribute until a… read more
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Since the deadline to file 2016 taxes is Jan2018 what is the
since the deadline to file 2016 taxes is Jan2018 what is the deadline to deposit in my IRA credited to 2016? … read more
Tax.appeal.168
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Married filing jointly. AGI $170k. we have an extension for
Married filing jointly. AGI $170k. we have an extension for our 1040 My employer has a retirement plan. Wife is self employed with $6700 Net Profit on Schedule C Line 12 1) Can she contribute $6500 to… read more
emc011075
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I asked my broker to submit 6500 to my Roth--that was an
Hi--I asked my broker to submit 6500 to my Roth--that was an error, it should have been to our Traditional IRA--I caught it but he did not get the money transitioned until April 19th due to a glitch i… read more
Lev
Lev
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2016 retirement contributions Husband gross W-2 $190k,
2016 retirement contributions Husband gross W-2 $190k, covered by 403b Wife $10k net from schedule C; no W-2 What are our options for contributions? IRA SEP Can we choose Roth or not for each/either? … read more
Lev
Lev
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Can I ask a detailed question? My wife and I both began
Can I ask a detailed question? My wife and I both began saving with IRAs this year (February 2017). We both opened Vanguard accounts and I put in $6500 and she put in $5500 and we started with Traditi… read more
Lev
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My income limit prevented contributing directly to Roth IRA
My income limit prevented contributing directly to Roth IRA as I've always done. Maximized ($5500) non-deductible contribution to traditional IRA and completed backdoor Roth conversion before the end … read more
emc011075
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I, as an employer, have been contributing to two employees
I, as an employer, have been contributing to two employees IRA accounts (quarterly) in addition to their salary. I have been reporting their salary through my payroll software and sending them paystub… read more
Lane
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I have some tax deductions, exemptions, and tax credit to
I have some tax deductions, exemptions, and tax credit to use, but not enough income for 2015 to cover those. I decide to convert some of my traditional IRA to Roth IRA for some taxable income. Howeve… read more
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To fund my IRA , by filing an extension do I have more
To fund my IRA for 2014, by filing an extension do I have more time to fund my IRA for 2014? thank you for your response?… read more
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MARRIED COUPLE FILES JOINTLY. HUSBAND HAS $275,000 WAGES INCOME
MARRIED COUPLE FILES JOINTLY. HUSBAND HAS $275,000 WAGES INCOME FOR ENTIRE 2013 AND WIFE HAS $20,000 WAGES FOR FIRST QUARTER OF 2013 AND RESIGNS POSITION. BOTH WERE COVERED UNDER A QUALIFIED RETIREMEN… read more
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Hello, Our CPA recommends we contribute $15,000 to our SEP
Hello, Our CPA recommends we contribute $15,000 to our SEP IRA before April 15th to lower our tax payment. If we file an extension with the IRS, will we have more time to make the IRA contribution or … read more
JKCPA
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I filed for an extension in the filing of my 2008 taxes. When
I filed for an extension in the filing of my 2008 taxes. When is the last date I can get my taxes filed ? Also, can I buy an IRA, and how much would that defer in terms of taxes that are due to be pai… read more
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case study - a S corp files an extension for 1120s, and then
case study - a S corp files an extension for 1120s, and then files its return on time 3/16/09. Owner then wants to reduce ordinary business income by starting a SEP IRA. Owner is told can start a SEP … read more
MequonCPA
MequonCPA
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We filed out federal and state returns on April 15, ...
We filed out federal and state returns on April 15, 2008 for 2007. We were told by our CPA that we had until the extension filing date to fund our SEP IRA''s. We mailed the check on April 16, 2008. We… read more
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