Tax Move You Can Still Use – 2006 IRA Deadline Is Not the End of the Year
Tax Move You Can Still Use – IRA Deadline Is Not the End of the Year
The deadline for making a 2006 IRA contribution is the due date of your return not including extensions. For many people this will be April 15th, not last December 31st.
Go figure out your eligibility. If you are eligible make the contribution now and lower your 2006 taxes.
If you are not currently eligible because of your employers plan look into raising you contribution there as much as you can. This will not lower your 2006 tax, but it will help you this year.