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Level 3
July 11, 2020
Question

IRA for tax year 2020

  • July 11, 2020
  • 3 replies
  • 11 views

Can I open a traditional IRA on July12, 2020 for the 2020 tax return

This topic has been closed for replies.

3 replies

sjrcpa
Level 15
July 11, 2020

Yes

The more I know the more I don’t know.
George4Tacks
Level 15
July 11, 2020

If you really meant can I open one for 2019, the answer is also yes. 

https://www.irs.gov/newsroom/filing-and-payment-deadlines-questions-and-answers#iras

Answers are easy. Questions are hard!
Level 15
July 11, 2020

Probably not because it is a Sunday.

sjrcpa
Level 15
July 11, 2020

I didn't realize it was a trick question.

Maybe online?

The more I know the more I don’t know.