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Traditional IRA contribution
I am still employed but over 70.5 years old. Turbo Tax is telling me that I cannot make a Traditional IRA contribution because of my age even though I still have earned income well in excess of the contribution limit. The IRS says I can. Why is that? Do I just ignore that portion of Turbo Tax and continue with my filing? Is this a bug in Turbo Tax?
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March 24, 2020
10:32 AM