Is it still possible to set up IRA or any retirement plan for tax year 2019 until July 15 this tear?
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Contributions may be made to your IRA, for a particular year, at any time during the year or by the due date for filing your return for that year. Because the due date for filing Federal income tax returns has been postponed to July 15, the deadline for making contributions to your IRA for 2019 is also extended to July 15, 2020.
Contributions may be made to your IRA, for a particular year, at any time during the year or by the due date for filing your return for that year. Because the due date for filing Federal income tax returns has been postponed to July 15, the deadline for making contributions to your IRA for 2019 is also extended to July 15, 2020.
Please don't keep starting the same issue on new topics. You have this one here, so let's continue your discussion here. Thanks.
IRA or SEP = yes.
401K or Simple = no.
The answers to these questions are readily available via google, IRS.gov, and any good continuing education.
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