Ira contrbution for 2016 for a deceased individual in 2017
Client died on 02/28/2017 , the tax adviser told his spouse to make an IRA contribution for 2016 on his behalf Is this permissible?
Client died on 02/28/2017 , the tax adviser told his spouse to make an IRA contribution for 2016 on his behalf Is this permissible?
Permalink Submitted by Alan - IRA critic on Wed, 2017-04-12 22:32
No. Note that a spousal contribution can be made using deceased’s income, but a contribution cannot be made to a decedent’s IRA. https://irahelp.com/slottreport/you-cant-make-ira-contributions-deceased-person