Tax and Money Tip of the Week:
Deadline for Making 2010 IRA Contributions
March 23, 2011 | No. 35
There’s still time to make a regular IRA contribution for 2010! You have until your tax return due date (not including extensions) to contribute up to $5,000 for 2010 ($6,000 if you were age 50 by December 31, 2010). For most taxpayers, the contribution deadline for 2010 is April 18, 2011. Normally, your tax return must be filed by April 15. However, the IRS has extended the deadline to April 18 this year because the 15th is a holiday in Washington D.C. (Emancipation Day).
If you should have any questions, please don’t hesitate to give us a call.
Questions or Comments?
Mark Vitek, CPA/PFS, CFP®
…until next week.