April 16, 1991
TO: PENSION MEMBERS NO. 16-91
RE: EXTENSION OF IRA DEADLINE FOR DESERT STORM PERSONNEL
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Attached is a copy of IRS News Release IR-91-46 which
provides that taxpayers who served in Operation Desert Storm may
make individual retirement account (IRA) contributions for 1990
up until the date the taxpayer is required to file his or her
individual income tax return.
The IRA contribution deadline was not extended with the
initial legislation authorizing the extended filing return
deadline. The news release explains that Desert Storm military
personnel who were in the designated combat area at any time from
August 2, 1990 through January 1, 1991 are not required to file
their income tax return until 285 days after they leave the
combat zone. Personnel who entered the combat zone after January
1, 1991 may postpone filing their tax returns for 180 days plus
the number of days between the date they entered the combat zone
and April 15. The IRA contribution deadline for 1990 is
similarly extended for such individuals.
We will keep you informed of related developments.
W. Richard Mason
Assistant Counsel - Pension
Attachment