Dumb tax question

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date
Dumb tax question cathyh 02-29-2008
Posted by on February 29, 2008, 5:05 am

Taxpayers have until Apr. to contribute limited funds to an IRA and
deduct them from earnings on the previous years return.

Is there any way to withdraw funds from a retirement account now
and declare them on a 2007 tax return?

Thanks,
Cathy

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Posted by Rich Carreiro on February 29, 2008, 10:15 am
cathyh@flipmail.com writes:

> Taxpayers have until Apr. to contribute limited funds to an IRA and
> deduct them from earnings on the previous years return.
>
> Is there any way to withdraw funds from a retirement account now
> and declare them on a 2007 tax return?

No.

--
Rich Carreiro rlc-news@rlcarr.com

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.


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