It’s tax season, the most wonderful time of the year … for someone, we’re assuming. For the rest of us, it’s the season of gathering records, filing documents, and hoping for a refund. The good news: If you invest online with Ellevest, we’ve got your tax questions covered — plus a handy timeline of the tax deadlines and documents you’ll need for the 2024 filing year.
2023 IRA Contribution Timeline
You can keep contributing to your IRA for the 2023 tax year through April 15, 2025. You still have time to max it out, or just keep putting in.
The Ellevest contribution deadline is April 9. That little buffer helps us make sure we can process your deposit in time. You’ll need to have an open account and an active bank link to make a contribution to your IRA.
For 2024, you can contribute a maximum $6,500 if you’re under 50, and $7,000 if you’re over 50. If you have more than one IRA, that is the limit across all of them — both traditional and Roth IRAs.
If you’d like to know more about that, we’ve got you covered. Check out our Retirement IRS Limit Cheat Sheet.
2024 Tax Document and Filing Timeline
Every year, Ellevest and Goldman Sachs Custody Solutions (your account’s broker-dealer and custodian, formerly called Folio) provide all Ellevest clients with the tax documents you’ll need in order to tell the IRS about your investment account(s) when you file your taxes.
We’ll send you an email every time a new 2024 tax document becomes available in your account. After you get the email, you'll be able to find the document by logging in to your account on desktop, clicking on “Hi, [your name]” in the top right-hand corner of your dashboard, and then selecting “Documents” from the dropdown menu. From the mobile app, you can tap the User tab at the bottom of the screen, then “Documents.” Note that if you can no longer access your Ellevest account, there are other ways to download these documents. Please email support@ellevest.com for more information.
Here’s when you can expect each document. (FYI, depending on your account, you may not need all of them. We’ll only send you the ones you need.)
February 1, 2025: Form 1099-R will be available.
This form lets you list any distributions (aka withdrawals) you took from your IRAs in 2024.
February 28, 2025 - March 19, 2025: 1099 / 8949 form release begin.
The release of 1099 / 8949 forms will begin on February 28, 2025, with all forms available no later than March 19, 2025. You’ll receive a 1099 form if you sold securities, or if your dividends or interest in a taxable account were greater than $10. You’ll also receive an 8949 form if there were any securities sold in your taxable account — this form lets you list capital gains and / or losses.
April 9, 2025: Ellevest’s IRA contribution deadline.
To make a 2024 contribution to your Ellevest IRA account, you’ll need to have an active bank link, no restrictions on your account, and a deposit scheduled on or before this day. (Here’s more info if you need help.)
April 15, 2025: IRS tax filing deadline for 2024.
The normal “file-your-taxes-by-today” day.
May 31, 2025: Form 5498 will be available.
This form lets you list your total contributions to your IRA in a given tax year. It’s just for your records and not required for tax reporting.
October 15, 2025: IRS extension tax filing deadline for 2024.
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The information provided is current as of the date of this writing and for informational purposes only. It should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities, and should not be considered specific legal or tax advice. Nothing contained herein may be relied upon as a guarantee, promise, assurance or a representation as to the future.
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