The Internal Revenue Service (IRS) has extended the Federal Tax Filing deadline to May 17, 2021 for individual taxpayers.
The IRA contribution deadline has also been extended to May 17th for Individuals making 2020 contributions to their Individual Retirement Arrangement (IRA and Roth IRA).
More information can be found on the IRS website:
- 2020 IRA Contribution Limits: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-limits
- IRS extends additional tax deadlines for individuals to May 17: https://www.irs.gov/newsroom/irs-extends-additional-tax-deadlines-for-individuals-to-may-17
BFSFCU does not provide tax, legal or investment advice. Your situation may vary, please consult your own advisor.