Deductions & credits


@rrelick wrote:

I have no W-2s. Only 1099-NECs.  Total after going through what you have suggested is $10,200.

Not sure what else to do.

Will probably do what TurboTax suggests which is to go with $6,500 into my Roth IRA and not worry about the $7,000 max.

Thanks


If you are using the online print all forms and worksheets and look at the "IRA Deduction Worksheet" line 1 for the allowable amount.   The 1040 and schedules should show where that came from.

**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.**