AnnetteB6
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Retirement tax questions

Being allowed to make a contribution to a Traditional IRA or making a deductible contribution to a Traditional IRA are governed by the income reported on your return, your filing status, and whether you are covered by a retirement plan.  

 

If the income reported on your return, including the W-2 retirement package income, exceeds the limit that would allow a deductible Traditional IRA contribution then you will not be able to change it or make an exception regardless of whether you actually worked during 2021.

 

@RetinSix

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