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Received unemplyment benefit. Once we subtract the $10200 the AGI is below the IRA limit but program is not allowing to deduct IRA
We received unemployment benefit last year. Before deducting $10,200 our AGI was larger than IRA deduction limit. Now it is below the IRA limit once we subtract the $10,200. However TurboTax is not allowing me to deduct that. What is the issue?
March 26, 2021
12:42 PM