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IRA Deduction during unemployment
Hello,
I'm looking for a straight answer on this. I was unemployed in 2024 until June and I made a contribution to my Rollover IRA during the time I was unemployed. Once I gained employment, I knew I no longer could contribute given I had a 401k plan now. My question is; does my contribution to my Rollover IRA count towards deducting my taxable income?
Thanks
March 30, 2025
4:02 PM