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IRA Contribution Eligibility
I'm 73 years old, working part time and receiving Social Security Income.
When finishing up by taxes for 2022, Turbotax suggests that I can decrease my tax bill by contributing to an IRA.
I'm pretty sure I've read in IRS publications that I'm no longer eligible for a deductible IRA contribution because of my age.
Is Turbotax correct on this suggestion?
Topics:
March 18, 2023
8:38 AM