As the IRS October deadline approaches, here are a few important October 15th reminders:
Extension Deadline
This the general extension deadline for most taxpayers.
Recharacterizations
This is the deadline for recharacterizing regular IRA contributions.
*Please note: as of 1/1/18, you can no longer recharacterize a Roth conversion. If, however, you did a conversion in 2017, the IRS will allow you to recharacterize your 2017 Roth conversion by the 10/15/18 deadline.
SEP-IRA Funding
If you requested an extension, this is the deadline to fund your plan for the 2017 tax year.
Source: www.irs.gov