Time’s up if you requested a six-month extension to file your 2014 federal income tax return. October 15 was the final date for filing your 2014 return; the IRS generally does not give filing extensions beyond that date.
October 15 was also the deadline for undoing a 2014 conversion of a traditional IRA to a Roth IRA. If you converted your traditional IRA to a Roth last year, you can switch it back to a regular IRA without penalty if you’ve done so by October 15.
Want to know more? Contact our office at 646-688-2807.