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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Re: SEP contribution timing ? Date: 3/31/2008 9:06 AM
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I filed Federal return 3/5/08 and it lists SEP contribution of $2000 for tax year 2007. Since I filed, I have had an unexpected influx of some money that would allow me to fund the SEP to the max for 2007 by making an additional contribution.

Posts on this thread refer to making contributions "before filing." My question is whether this really means the filing deadline or actual filing of a return? If it means April 15, can I make my additional contribution for 2007 and file an amended return?


Yes. The issue is the due date, not the actual return filing. The potential problem is trying to make a contribution after April 15 without actually securing an extension to file.

Phil
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