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I want to fund a new Traditional IRA to lower my AGI for filling my 2021 taxes. Will contributions from my bank account that is already taxed still lower my AGI for 2021?
I would like to fund the account with the maximum, $6000, post tax from my bank account. Will this reduce my AGI by $6000 and give me a tax return on the taxes I already paid on the $6000?
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‎November 30, 2021
7:51 AM