DanaB27
Expert Alumni

Deductions & credits

Yes, you can make traditional IRA contributions for 2022 until April 18th, 2023.

 

Yes, your traditional IRA contributions may be tax-deductible. But the deduction may be limited if you or your spouse is covered by a retirement plan at work and your income exceeds certain levels. Please see IRA deduction limits for details.

 

To enter traditional IRA contributions:

 

  1. Login to your TurboTax Account 
  2. Click on "Search" on the top right and type “IRA contributions” 
  3. Click on “Jump to IRA contributions"
  4. Select “traditional IRA
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