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Retirement tax questions
No, the military retirement on Form 1099-R should not be an issue.
To recap, you verified that your W-2 entry doesn't accidentally have box 13 checked, but are getting the message you cannot deduct your traditional IRA contribution because of your income and a retirement plan at work.
The retirement plan coverage question should come up during the IRA contribution interview if none of the W-2s have box 13 checked:
- Click on "Search" on the top right and type “IRA contributions”
- Click on “Jump to IRA contributions"
- Select “traditional IRA”
- Continue until you get the "Retirement Plan Coverage" screen and select "no"
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April 4, 2022
8:06 AM