Are contributions to a traditional or Roth Individual Retirement Account (IRA) or a Health Savings Account (HSA) included in this relief?
Yes for taxpayers located in the IRS designated disaster areas in New York (FEMA 1692), New Jersey (FEMA 1694) and New Hampshire (FEMA 1695). In all other states, and in other counties in these states not part of the IRS designated disaster areas, the additional filing time and payment relief does not apply to contributions to traditional or Roth IRAs or an HSA as these contributions must be made by the due date for filing the return not including extensions of time to file.
Related Questions
- I heard that a Health Savings Account (HSA) is a special tax-sheltered account that is similar to an IRA, but overall how does an HSA work?
- Are contributions to a traditional or Roth Individual Retirement Account (IRA) or a Health Savings Account (HSA) included in this relief?
- What is an IRA contribution?