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I'm over age 65. I contributed $7000 to my IRA for 2020. Why does this not appear as a deduction on my 1040 ?
laxpayer
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I'm over age 65. I contributed $7000 to my IRA for 2020. Why does this not appear as a deduction on my 1040 ?
My taxable income was <$60k. TurboT advised me to take standard deduction.
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TurboTax Deluxe Online
‎April 8, 2021
6:31 PM
