Jump to content
ATX Community

Amend to Take Savers Credit?


Lion EA

Recommended Posts

OK, so I rushed to prepare her return while my stepdaughter visited one Sunday at the beginning of the season (was talking about retirement plan at work, first full-time job, first time claiming herself, never got anything back before, many differences, I just didn't slow down and interview her) and missed the fact that she would've qualified for the savers credit if she made an IRA contribution for 2010. Can she still make a 2010 IRA contribution by 18 April, me amend, and take the Saver's Credit? Is that limited to an original return? It's always the shoemaker's children...

Link to comment
Share on other sites

Good point. I usually push them to do it immediately to get their money working for them or by 1 April and to make a big point of it being last year's contribution, asking their broker their deadline to process for a prior year contribution. In this case, I may know her broker.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...