Taxes: File Yours by April 18th!

By Mark Fissel
Posted on April 18th, 2017

Deadline to file individual taxes for 2016.
Last day to make a contribution to a Traditional IRA, Roth IRA, SEP IRA or solo 401(k) for the 2016 tax year.
IRA contributions for 2016 can be made up until the April 18^th
2016 IRA/Roth IRA contribution limit is $5,500 ($6,500 if you are 50 or older).
Mailed check contributions must be postmarked on or before this date.
Wired contributions must be received by the close of business on or before this date.
SEP IRA contributions:
- Cannot exceed the lesser of 25% of compensation or $54,000 for 2017 ($53,000 for 2015 and 2016 subject to annual cost-of-living adjustments for later years).
- Employer contributions must always be coded in the year received.