IRA / Roth IRA Contribution Deadline — April 15

Who must file or pay

Any eligible taxpayer who wants to contribute to a Traditional IRA, Roth IRA, or SEP-IRA for the 2025 tax year. Extensions do NOT extend IRA / Roth IRA deadlines (only SEP-IRA and Solo 401(k) deadlines are extended).

What you need to know

April 15 is the final opportunity to make Traditional IRA or Roth IRA contributions that count for the 2025 tax year. For 2025, the contribution limit is $7,000 ($8,000 if age 50+). Contributions made between January 1 and April 15 can be designated for either 2025 or 2026.

If you are self-employed, a SEP-IRA contribution can be made up to the extended filing deadline (October 15 if you filed an extension), providing more flexibility. The 2025 SEP-IRA contribution limit is up to 25% of net self-employment income, capped at $70,000.

For backdoor Roth IRA conversions, the Form 8606 nondeductible IRA contribution must be recorded for the year in which the traditional contribution is made. The conversion itself can happen at any time during the year.

No IRS penalty for missing this deadline — you simply lose the contribution opportunity for 2025. However, excess contributions after the deadline cannot be characterized as 2025 contributions and may generate a 6% excise tax if not corrected.

Required forms

• →Contribution to IRA custodian (no IRS form required)
• →Form 8606 (nondeductible Traditional IRA contributions)

Go deeper

A licensed TaxosAgent professional reviews your situation before this deadline — so you maximize savings, not just compliance.