Tax

Have a Tax Question? Ask a Tax Expert

Ask an Expert,
Get an Answer ASAP!

Tax
This answer was rated:

Since the deadline to file 2016 taxes is Jan2018 what is the…

Since the deadline to...

Since the deadline to file 2016 taxes is Jan2018 what is the deadline to deposit in my IRA credited to 2016?

Accountant's Assistant: The Accountant will know how to help. Please tell me more, so we can help you best.

That is my question

Show More
Show Less
Ask Your Own Tax Question
Answered in 2 minutes by:
12/6/2017
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,216
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
Verified

Hello. Happy Holidays !! Thank you for choosing this Q&A service for assistance. My name is ***** ***** taxes should have been filed by 4/15/17. Are you in a federally declared disaster area which has allowed for additional time to file?

Ask Your Own Tax Question
Customer reply replied 2 months ago
extended to 1/15/18

Ok, I just wanted to make sure of that. I will check on the IRA matter and get back to you shortly. Thank you for your patience.

Ask Your Own Tax Question
Revenue Procedure 2007-56, section 8, lists the retirement plan and IRA deadlines that the IRS may postpone because of a disaster. The IRS may postpone all or only certain deadlines listed in Revenue Procedure 2007-56 based on when the disaster occurred and its severity as well as other factors. Unless the news release for a particular disaster limits the relief, all the deadlines listed in Revenue Procedure 2007-56 will be postponed.-----------------------------------I am checking the above referenced document for specific information.
Ask Your Own Tax Question

The following applies to the IRA contribution. SEE BELOW:

-----------------------------------

10. Sec. 219(f)(3) A contribution to an individual retirement account shall be deemed to have been made by the taxpayer on the last day of the preceding taxable year if the contribution is made on account of such taxable year and is made not later than the time prescribed for filing the return (not including extensions thereof) for such taxable year.

REFERENCE SOURCE:

https://www.irs.gov/pub/irs-irbs/irb07-34.pdf

In brief, you have until the tax return deadline date to make the contribution.

--------------------------------------------------

In closing, my goal is to provide you with the best experience possible! Hopefully, the service that I have provided has earned a 5-star rating! Please remember to rate my service by selecting the 5 stars at the top of the screen before you leave today. Thank you in advance. If you require further assistance, use the reply box and let me know.

Ask Your Own Tax Question
Customer reply replied 2 months ago
thank you I will. will you please email this answer to me so I will have a copy, thanks

You are welcome. Other than offering a premium service, I am unable to confidentially obtain your email address. This is a public forum, you do not want to list your email address in the thread.

Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,216
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
Verified
Tax.appeal.168 and 87 other Tax Specialists are ready to help you
Ask your own question now
Customer reply replied 2 months ago
thank you good help

You are very welcome.

Ask Your Own Tax Question
Was this answer helpful?
Ask Tax.appeal.168 Your Own Question
Tax.appeal.168
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,216
4,216 Satisfied Customers
Experience: 3+ decades of varied tax industry exp. Tax Biz owner

Tax.appeal.168 is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,312 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,362 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

Robin D.

Robin D.

Senior Tax Advisor 4

14,120 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,652 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

R. Klein, EA

R. Klein, EA

Enrolled Agent

1,839 satisfied customers

Over 20 Years experience

< Previous | Next >

Related Tax Questions
I am a Harvey victim. The deadline for the extension to the
I am a Harvey victim. The deadline for the extension to the extension for my 2016 taxes is today. They would not accept them via e-file so, I had to find a post office. I dropped them in the drop box,… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
736 satisfied customers
Retirement Plans - A schedule C, self-employed taxpayer has
Retirement Plans -A schedule C, self-employed taxpayer has a SEP retirement plan. She decided, starting in 2018 to hire employees. Does she have to offer the retirement plan to her employees?Thank you… read more
Chad EA, CFP ®
Chad EA, CFP ®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
1,353 satisfied customers
I filed an extension and have paid my taxes and am due a
I filed an extension and have paid my taxes and am due a refund. Id I do not file by Dec 31 is there a penalty? I was told that if the IRS owes yoy a refund there is no penalty for late filing. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
14,120 satisfied customers
I recall a type of retirement plan called non-qualified
I recall a type of retirement plan called non-qualified whereby the company pays the retiring employee a payment, not from a standard funded ERISA plan but from its operating funds. The payment is ful… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,077 satisfied customers
Will my filing of federal taxes by the April deadline be
Will my filing of federal taxes by the April deadline be according to the current set of laws (e.g. unlimited deduction of state and local taxes) or will the new "reformed" tax bill and its new rules … read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,077 satisfied customers
I filed an extension on my tax return because I didn't know
I filed an extension on my tax return because I didn't know my tax credit. when do I need to have tis complete. … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
14,120 satisfied customers
I mailed my return on nov 15 after filing an extension the
I mailed my return on nov 15 after filing an extension the irs said I filed late and sent me a bill for filing late. I have an installment agreement and I have 12 payments left. I feel like this is an… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
14,120 satisfied customers
I filed for an extension to file my 2017 income tax return.
I filed for an extension to file my 2017 income tax return. I recently suffered a stroke - 6 weeks ago - and have been unable to finalize my return. I should be able to file it within the next 30 days… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,077 satisfied customers
I filed for an extension in April and mailed my return and
I filed for an extension in April and mailed my return and money owing last Friday, October 6th. I realized after looking at my copy that I forgot to sign the return. Should I send another copy with m… read more
Richard
Richard
Tax Attorney
Doctoral Degree
4,362 satisfied customers
I'm trying to finish my tax return that was on extension but
I'm trying to finish my tax return that was on extension but I can't get into my return. … read more
Shan-Nel Simmons
Shan-Nel Simmons
Tax Professional/Owner
Master\u0027s Degree
29 satisfied customers
I filed an extension for 2013 tax return but no actual tax
i filed an extension for 2013 tax return but no actual tax return. Do I have until Oct. 15, 2017 to file for refund?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,077 satisfied customers
I filed for federal tax extension and was approved, file
I filed for federal tax extension and was approved, file under married separate, after divorce finalized, in divorce decreed I am to file singe from 2016 forward, so do I have to complete the extensio… read more
Chad EA, CFP ®
Chad EA, CFP ®
IRS Enrolled Agent, CFP(R),
Master\u0027s Degree
1,353 satisfied customers
I am trying to find out about a retirement plan Tax code
I am trying to find out about a retirement plan Tax code 702j retirement account? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,077 satisfied customers
I extended, I filed an extension on my 2016 tax return. Can
I filed an extension on my 2016 tax return. Can I contribute to my traditional IRA for 2016 up to extended filing deadline? … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
14,120 satisfied customers
I filed a tax deadline extension through turbo tax on tax
My name is***** filed a tax deadline extension through turbo tax on tax day, but never got a confirmation through email which is***@******.***. … read more
Brian Michels
Brian Michels
Partner, CPA
Bachelors of Business Administration
175 satisfied customers
I missed the deadline to request a filing extension due to
I missed the deadline to request a filing extension due to health problems. I've never missed a tax deadline before. Got disconnected from my call to the IRS. How can I get my request for more time th… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
What is the deadline for filing 1120s extension for 2017. If
What is the deadline for filing 1120s extension for 2017. If I missed it is there anything I can do?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
If I missed the deadline for filing an extension for the
If I missed the deadline for filing an extension for the taxes of my s-corp LLC, what is the best way to fix it?… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x