« Considerations for Economic Impact Payments | Main | Extention of 5498 Filing Deadline »
Tuesday
Jun022020

IRS Postponement of Deadlines

DateTuesday, June 2, 2020 at 2:21PM by AuthorBanking Spectrum
IRS Forms 5498 reporting deadlines are postponed to August 31, 2020. 
The deadlines applicable to any of the following acts that would have fallen on or after April 1, 2020 and before July 15, 2020 have been postponed until July 15, 2020:
  • Simplified Employee Pension (SEP) and Savings Incentive Match Plan for Employees of Small Employers (SIMPLE) plan contributions
  • Indirect rollovers from employer sponsored retirement plans to IRAs
  • 2019 traditional IRA, Roth IRA, and HSA regular contributions -(from previous guidance)
  • 2019 CESA regular contributions
  • Rollovers between IRAs, between HSAs, and between CESAs
  • 120-day rollover period for first-time home buyers
  • Repayment of a Qualified Reservist Distribution
  • Deadline to remove excess or unwanted IRA contributions
CommentPost a Comment Print ArticlePrint Article
Archived In: , ,

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Notify me of follow-up comments via email.