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Coming Soon...
Tuesday, Apr 24
12:00 PM Healthy Living Cooking Class Arnold Independence Hall
12:00 PM Healthy Living Cooking Class Arnold Independence Hall
All Day Murphys "Classic Car Night"
Wednesday, Apr 25
11:00 AM Guided Tours of Ironstone Vineyards
All Day Murphys "Classic Car Night"
Thursday, Apr 26
All Day Murphys "Classic Car Night"
07:00 PM Calaveras High School Drama will be Presenting "Cinderella" April 26-29
Friday, Apr 27
10:00 AM Bret Harte Blood Drive
11:00 AM Guided Tours of Ironstone Vineyards
12:00 PM Murphys Old Timers Museum Will Display "Cattle in the Sierras " Through April
All Day Murphys "Classic Car Night"
05:30 PM State of Jefferson Town Hall Meeting
05:30 PM Friday Night Music at Alchemy
06:00 PM Cooking Class at Marisolio Tasting Bar- Polish Feast
06:00 PM Cooking Class at Marisolio Tasting Bar- Polish Feast
06:00 PM Cooking Class at Marisolio-Polish Feast
07:00 PM Calaveras High School Drama will be Presenting "Cinderella" April 26-29
Saturday, Apr 28
08:00 AM Central Calaveras Fire Mud Run 5K
08:00 AM Off The Beaten Path 10K/5K Run/Walk to Raise Funds for Mind Matters Clinic
10:00 AM The 2nd Annual Murphys Mutt March and the 1st Muttminster Dog Show
10:00 AM Can You Handle The Mud? The 2018 Stop Drop & Mud 5k is April 28th
10:00 AM Old Timers Museum Walking Tours Are Every Saturday at 10am.
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
12:00 PM Murphys Old Timers Museum Will Display "Cattle in the Sierras " Through April
02:00 PM "Voices of Wisdom" Book Launch
03:00 PM Celebrate Spring Aboard Railtown 1897’s Popular & Fun Wildflower Train
05:00 PM Bret Harte Leadership Fundraiser Dinner
All Day Murphys "Classic Car Night"
05:00 PM Ladies Night Out Bingo Fundraiser to Benefit Bret Harte Grad Night!!!
07:00 PM Calaveras High School Drama will be Presenting "Cinderella" April 26-29
Sunday, Apr 29
10:00 AM The 2018 UCCE Master Gardeners of Amador Plant Sale
11:00 AM Sunday Funday at Ironstone Vineyards
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
11:45 AM Humane Society of Tuolumne County's Tails of Two Kitties Spring Brunch
12:00 PM Murphys Old Timers Museum Will Display "Cattle in the Sierras " Through April
02:00 PM Calaveras High School Drama will be Presenting "Cinderella" April 26-29
03:00 PM Celebrate Spring Aboard Railtown 1897’s Popular & Fun Wildflower Train
All Day Murphys "Classic Car Night"
Monday, Apr 30
All Day Murphys "Classic Car Night"
Tuesday, May 1
All Day Murphys "Classic Car Night"
06:00 PM Community Town Hall Meeting on Planned Development in Arnold
Wednesday, May 2
11:00 AM Guided Tours of Ironstone Vineyards
All Day Murphys "Classic Car Night"
Thursday, May 3
11:00 AM Guided Tours of Ironstone Vineyards
All Day Murphys "Classic Car Night"
Friday, May 4
11:00 AM Guided Tours of Ironstone Vineyards
All Day Murphys "Classic Car Night"
05:30 PM Friday Night Music at Alchemy
Saturday, May 5
All Day Help Fine Things Celebrate Their 20th Birthday on May 5th
08:00 AM The Twentieth Annual Kid's Fishing Clinic is May 5th
08:00 AM The 18th Annual Hot Copper Car Show is May 5th 2018
09:00 AM Wildfire Community Preparedness Day
10:00 AM Old Timers Museum Walking Tours Are Every Saturday at 10am.
11:00 AM The 8th Annual Soroptimist Chili Cook Off
04:00 PM Mountain Melody Spring Concerts
All Day Murphys "Classic Car Night"
05:00 PM Dyemusica on Cinco De Mayo at Bistro Espresso! Dyemusica's Last Concert!
07:30 PM The 13th Annual Gold Rush Writers Conference Presents An Evening with New York Times Best-Selling Au
Sunday, May 6
10:00 AM 14th Annual Mother Lode VW Club Sonntag Treffen VW Fans and VW Clubs are Invited to Join Us!
11:00 AM Sunday Funday at Ironstone Vineyards
11:00 AM Guided Tours of Ironstone Vineyards
11:00 AM Town Tours of Columbia State Historic Park
02:30 PM Mountain Melody Spring Concerts
All Day Murphys "Classic Car Night"
Monday, May 7
All Day Murphys "Classic Car Night"

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Posted by: thepinetree on 04/14/2018 11:37 AM Updated by: thepinetree on 04/14/2018 11:37 AM
Expires: 01/01/2023 12:00 AM
:

There's Still Time to Contribute to an IRA for 2017 ~ From Brian J. Tewksbury

Murphys, CA....There's still time to make a regular IRA contribution for 2017! You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2017 ($6,500 if you were age 50 by December 31, 2017). For most taxpayers, the contribution deadline for 2017 is April 17, 2018.  You can contribute to a traditional IRA, a Roth IRA, or both, as long as your total contributions don't exceed the annual limit (or, if less, 100% of your earned income). You may also be able to contribute to an IRA for your spouse for 2017, even if your spouse didn't have any 2017 income.




Traditional IRA

You can contribute to a traditional IRA for 2017 if you had taxable compensation and you were not age 70½ by December 31, 2017. However, if you or your spouse was covered by an employer-sponsored retirement plan in 2017, then your ability to deduct your contributions may be limited or eliminated depending on your filing status and your modified adjusted gross income (MAGI) (see table below). Even if you can't deduct your traditional IRA contribution, you can always make nondeductible (after-tax) contributions to a traditional IRA, regardless of your income level. However, in most cases, if you're eligible, you'll be better off contributing to a Roth IRA instead of making nondeductible contributions to a traditional IRA.


2017 income phaseout ranges for determining deductibility of traditional IRA contributions:
1. Covered by an employer-sponsored plan and filing as: Your IRA deduction is reduced if your MAGI is: Your IRA deduction is eliminated if your MAGI is:
Single/Head of household $62,000 to $72,000 $72,000 or more
Married filing jointly $99,000 to $119,000 $119,000 or more
Married filing separately $0 to $10,000 $10,000 or more
2. Not covered by an employer-sponsored retirement plan, but filing joint return with a spouse who is covered by a plan $186,000 to $196,000 $196,000 or more

Roth IRA

You can contribute to a Roth IRA if your MAGI is within certain dollar limits (even if you're 70½ or older). For 2017, if you file your federal tax return as single or head of household, you can make a full Roth contribution if your income is $118,000 or less. Your maximum contribution is phased out if your income is between $118,000 and $133,000, and you can't contribute at all if your income is $133,000 or more. Similarly, if you're married and file a joint federal tax return, you can make a full Roth contribution if your income is $186,000 or less. Your contribution is phased out if your income is between $186,000 and $196,000, and you can't contribute at all if your income is $196,000 or more. And if you're married filing separately, your contribution phases out with any income over $0, and you can't contribute at all if your income is $10,000 or more.


2017 income phaseout ranges for determining ability to contribute to a Roth IRA:
Your ability to contribute to a Roth IRA is reduced if your MAGI is: Your ability to contribute to a Roth IRA is eliminated if your MAGI is:
Single/Head of household $118,000 to $133,000 $133,000 or more
Married filing jointly $186,000 to $196,000 $196,000 or more
Married filing separately $0 to $10,000 $10,000 or more
Even if you can't make an annual contribution to a Roth IRA because of the income limits, there's an easy workaround. If you haven't yet reached age 70½, you can simply make a nondeductible contribution to a traditional IRA, and then immediately convert that traditional IRA to a Roth IRA. Keep in mind, however, that you'll need to aggregate all traditional IRAs and SEP/SIMPLE IRAs you own — other than IRAs you've inherited — when you calculate the taxable portion of your conversion. (This is sometimes called a "back-door" Roth IRA.)

Finally, keep in mind that if you make a contribution to a Roth IRA for 2017 — no matter how small — by your tax return due date, and this is your first Roth IRA contribution, your five-year holding period for identifying qualified distributions from all your Roth IRAs (other than inherited accounts) will start on January 1, 2017.

IMPORTANT DISCLOSURES

Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, or legal advice. The information presented here is not specific to any individual's personal circumstances.

To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2018.


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