: When are the exact start and end of the calendar year from the IRS standpoint, regarding timezones? The calendar year from the IRS standpoint starts on January 1 and ends on December 31. But what is the timezone? For example,

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When are the exact start and end of the calendar year from the IRS standpoint, regarding timezones?
The calendar year from the IRS standpoint starts on January 1 and ends on December 31. But what is the timezone?

For example, if a US taxpayer converts an after-tax 401(k) to a Roth 401(k) on December 31 at 23:59 UTC?11:00, 2017, does that count as December 31, 2017 or January 1, 2018?

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@JerryRodrick

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I don't know of a federal rule regarding this, but in my experience financial transactions are based on the point of view of the transacting bank. In other words, whatever date the bank statement shows would be the official date.

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: When are the exact start and end of the calendar year from the IRS standpoint, regarding timezones? The calendar year from the IRS standpoint starts on January 1 and ends on December 31. But what is the timezone? For example,

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