IRA contribution after the deadline.
My client called me and stated that his accountant advised him to make $6,000 contributions for him and his wife to their IRA’s for 2011, but he forgot to send in the checks. At this point there isn’t a way to get the money in for 2011 is there? He still hasn’t filed his return.
Permalink Submitted by Alan Spross on Wed, 2012-05-16 23:58
No way for 2011, not even if he filed an extension by 4/17.
Perhaps the accountant was thinking of a SEP IRA contribution.