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April 17, 2007

Details on the storm-related filing extension

The IRS has finally announced the details regarding its ad hoc, 2-day tax filing extension for folks affected by yesterday's Nor'easter.

The FAQ's in the above link don't mention anything about extra time to establish and fund an IRA for tax-year 2006. But an IRS spokesman gave me the following information late on Tuesday: There is no deadline extension for funding a 2006 traditional or Roth IRA, or a health savings account. So you still need to do that by midnight tonight.

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Posted at 3:31:45 PM in Taxes

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