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Deductions & credits
@Jim Coltrin wrote:
The step that was indicated did not work. I did not have the opportunity to "choose to not deduct IRA contributions".
If your MAGI is to high to deduct a Traditional IRA contribution then you will not get that option but a 8606 form should be generate with the non-deductible contribution on line 1.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎April 5, 2020
12:44 PM
1,226 Views