TAX RESOURCE CENTER
As of March 17, 2021, the IRS has extended the April 15 tax deadline for filing individual 2020 IRS Federal Tax Returns and IRA contributions to May 17, 2021. State filing deadlines may vary. Check with your state's Department of Revenue for state filing updates
Your 5498 and/or 1099 will generally be mailed by January 31. You can also access it online through your account.
For Thrivent mutual funds that invest in REITs (real estate investment trusts), forms will be mailed and available online mid-February:
IRS form 5498 Coverdell Education Savings Account (CESA) reporting contributions for the previous year will be mailed by April 30th.
If you made Traditional or Roth IRA contributions for 2020 in 2021, IRS Form 5498 will be mailed by June 30.
Any contribution made to your Traditional or Roth IRA or CESA on or before May 17, 2021 will fall under your 2020 tax filing, so long as you indicate it as a 2020 contribution.
Maximum contribution for Traditional and Roth IRAs: $6,000 (plus a $1,000 "catch up" contribution if you are over 50 years old)
The tax deadline for filing individual 2020 IRS Federal Tax Returns is now May 17, 2021. State filing deadlines may vary. Check with your state's Department of Revenue for state filing updates.
October 15th is the final due date for your 2020 Tax Return, if you filed for an extension.
If you don’t think you’ll make the May 17, 2021 due date for filing 2020 taxes, you can file for an extension by that date. If you request a personal extension for after May 17, 2021 this does not extend the deadline for payment of taxes owed and for making IRA or Coverdell Education Savings Account contribution for 2020. For more information visit the IRS.
The information provided is not intended as a source for tax, legal or accounting advice. Please consult with a legal and/or tax professional for specific information regarding your individual situation.