- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deducting IRA Contribution
I contributed to my 401K for 9 months last year, until I was eligible to participate in my employers 401K. When I started participating in the 401K I stopped contributions to the IRA. My income level last year was more than $75k. Can I deduct the IRA contributions since they were done prior to my eligibility in the 401K?
March 31, 2020
9:07 PM