Yes, traditional IRA contributions may be tax-deductible. But the deduction may be limited if you or your spouse is covered by a retirement plan at work and your income exceeds certain levels. Please see IRA deduction limits for details. If you do not have any retirement plans at work then your deduction won't be limited.
Please be aware you need taxable compensation to make IRA contributions. Retirement income won't count but self-employment income counts as taxable compensation.
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