Lion EA Posted February 18, 2011 Report Posted February 18, 2011 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... Quote
Elrod Posted February 18, 2011 Report Posted February 18, 2011 Yup!....Ya can. Amend now with form 8880. Make IRA deposit by 4/18 Elrod Quote
mcb39 Posted February 18, 2011 Report Posted February 18, 2011 Yup!....Ya can. Amend now with form 8880. Make IRA deposit by 4/18 Elrod I second that!!!!!!!! Quote
Lion EA Posted February 18, 2011 Author Report Posted February 18, 2011 Great. Next to getting money back for myself (never happens), getting money back for family members is the best. Thanx!:D Quote
Pacun Posted February 18, 2011 Report Posted February 18, 2011 I always tell my people to put money on April 10th. Remember that anything can happen on the 18th of April. Quote
Lion EA Posted February 18, 2011 Author Report Posted February 18, 2011 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. Quote
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