@rl5088 wrote:
The last screen says that "your IRA deductible contribution is $14,000.00." Our MAGI is WAY under 100,000...
That is not possible. The maximum that can be contributed in 2020 is $6,000 ($7,000 of over age 50).
Look at the IRA Worksheet (IRA Deduction Worksheet) to see the calculations.
**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.**
