Are you wondering how late you can contribute to your HSA (Health Savings Account) for the year 2018? You'll be glad to know that the deadline for HSA contributions for the 2018 tax year is not the same as the usual tax deadline of April 15th. If you have an HSA and want to maximize your contributions for the previous year, here's what you need to know:
The deadline for contributing to your HSA for the 2018 tax year is the same as the tax filing deadline, which is typically April 15th of the following year. However, the IRS grants an extension specifically for HSA contributions, allowing you to make contributions for the previous tax year until the tax filing deadline of that year.
For the 2018 tax year, you can contribute to your HSA until the tax filing deadline of April 15, 2019. This means you have until Tax Day to make any remaining contributions to your HSA for 2018.
If you've been keeping an eye on your finances and want to maximize your healthcare savings, it's essential to know the different deadlines for your HSA contributions. For the 2018 tax year, you had until April 15, 2019, to make those contributions. This flexibility can help you take full advantage of your HSA savings.
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