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IRS Reminder: IRA Contributions Made by July 15 Count as 2019 Tax Deduction
Internal Revenue Service [IRS] Link to more items from this source
[Guidance Overview]
July 10, 2020

"Taxpayers can file their 2019 tax return now and claim the deduction before the contribution is actually made. But the contribution must then be made by the July 15 due date of the return, not including extensions.... Eligible taxpayers can usually contribute up to $6,000 to an IRA for 2019. The limit is increased to $7,000 for taxpayers who were age 50 or older by the end of 2019."  MORE >>

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