Announcement

Collapse
No announcement yet.

Excess IRA - withdrawal deadline

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Excess IRA - withdrawal deadline

    Need some confirmation, please.

    If excess contributions are withdrawn by the due date of the tax return there is no penalty. This due date includes extension, so as long as tax return is not filed yet, funds can be withdrawn (latest 10/15), right?

    In the back of my head a voice tells me that 4/15. is the deadline for the withdrawal. Don't know were this is coming from. Maybe from contribution deadline?

    #2
    TTB 13-10 says says deadline for excess withdrawal is due date, including extensions.

    Comment

    Working...
    X