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re: Roth IRA Deadline
Posted on 4/15/10 at 8:05 am to TheHiddenFlask
Posted on 4/15/10 at 8:05 am to TheHiddenFlask
quote:It doesn't affect the amount of taxes owed, but contributing for any IRA must be done no later than the date a person files his tax return.
It's an after tax fund.
Why would it affect your taxes?
He still has to report the Roth contribution on the return even though it does not affect the amount of taxes owed. IRS Website
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