How do I make a prior year IRA contribution?
GalaxyOne allows you to apply an IRA contribution (Traditional or Roth) to a prior tax year as long as it’s made before the IRS deadline.
What is the deadline?
Prior year IRA contributions can be made up to the IRS tax filing deadline, generally April 15 of the following year (or the next business day if it falls on a weekend or holiday).
How do I select a prior year contribution?
From the Invest section, click into your Traditional or Roth IRA.
Click Fund.
Enter your contribution amount and click Review.
A pop-up will appear allowing you to select the contribution year.
Complete the funding process.
Important things to know
The contribution year option appears in a pop-up after you click Review.
IRS contribution limits and eligibility rules apply.
Prior year contributions are only available before the IRS deadline.
GalaxyOne does not provide tax advice. Please consult a tax professional with questions about your eligibility.