Topic of the Month: Tax Filing

Kevin Orsinger |

It’s officially that time of year again!  With the tax season in full swing, it’s easy to get overwhelmed by the dates. Here is your quick guide to staying on track and maximizing your savings before the clock runs out.

The Big Deadline: April 15, 2026

For most filers, Wednesday, April 15, 2026, is the final day to submit your 2025 federal income tax return.

Don't Miss the Contribution Cutoff!

You have until April 15, 2026, to make "prior-year" contributions.

Traditional & Roth IRAs: You can contribute up to $7,000 (or $8,000 if you’re age 50+). Traditional IRA contributions might even be tax-deductible!

Pro Tip: Even if you request a filing extension by October, your contributions must still be made by April 15 to count for the 2025 tax year!

Quick Checklist:

  1. Gather your docs: W-2s, 1099s, and IRA statements and any other documents you might need to complete your taxes.
  2. Max out if you can: Check your 2025 contribution limits to see if you have "room" left.

#TaxSeason #IRA #TaxDeadline

 

Orsinger Investment Group and LPL Financial do not provide tax advice or services.