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Can I contribute to a Roth IRA for last year after filling my taxes?


I’m ready to file my taxes for 2018, but I just recently learned that I could contribute to a Roth IRA for 2018. I’m capable of maxing it out but it’ll take time. Potentially filling the taxes first might even help me max it sooner, in such a way that I could start contributing earlier for 2019.


Someone answered:

Roth IRA has no effect on your taxes unless you're claiming the Saver's credit.

Someone answered:

Yes, as long as you do so before April 15.

Someone answered:

You are permitted to contribute to an IRA of either ilk — Traditional or Roth — and have it count toward your annual $5,500 2018 limit until April 15th, 2019. This limit increases to $6,000 in the 2019 tax year.

This isn't really an urgent thing; Since contributions to a Roth do not in fact impact your tax liability for 2018 people rarely take advantage of the additional 3.5 months to make contributions to a Roth.