Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Someone raised a question on the military board about IRA contributions for a deployed service member. Specifically her question was whether the contribution deadline is extended along with the filing deadline.
I was the original question-asker on the military fools board.

I called the IRS helpline yesterday, and after searching through the HERO act for 30 minutes, they were able to tell me that the servicemember and their spouse are entitled to contribute to Roth IRA's up to 180 days after the servicemember's return from combat zone. This is found in pub. 3, and the spouse part specifically on page 21.

The rep also said that we could file at any time, and the extension for the Roth still applies. This would apply to a TIRA, but we would have to file a 1040x after the contribution is made.

mm
Glad to have the official word on this one.
Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.