Updated over 9 years ago on . Most recent reply

Contributing to IRA and using funds for home purchase
I know I will get the "consult your accountant" answer, but can someone either with personal experience or definitive knowledge on the subject tell me if I'm able to contribute my max towards a new IRA for the 2015 tax year in order to save on taxes and then deduct those contributions most likely late 2016 to put toward a down payment on a primary residence?