@dhchasenh wrote:
Last year I contributed $17k this year $11k. MAGI is about the same, $250K.
In 2019 the maximum contribution to an IRA was $6,000 ($7,000 of over age 50) - 2020 is the same.
You are probably confusing an employer or self-employed retirement plans with a IRA. They are NOT Traditional or Roth IRA's and do not get entered in the IRA contribution section.
**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.**
