As we approach the end of the year, many individuals with Health Savings Accounts (HSAs) may be wondering when 2017 ends for their HSA. The deadline to make contributions to your HSA for the 2017 tax year is typically the tax filing deadline for that year, which is usually April 15th of the following year, unless an extension has been filed. For the 2017 tax year, the deadline to contribute to your HSA is April 17, 2018, due to April 15th falling on a Sunday and April 16th being Emancipation Day.
It is important to note that contributions made after the deadline will be counted towards the next tax year, in this case, 2018. So, if you have any remaining contributions to make for the 2017 tax year, be sure to do so before the April 17th deadline.
As the year winds down, many HSA holders may find themselves questioning when the 2017 contributions need to come to a close. Remember, contributions for the 2017 tax year can be made until April 17, 2018. This deadline is crucial since it allows you to take advantage of tax savings for last year's expenses.
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