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Tax deduction for an IRA contribution if I left my employer in Feb 2021
At the end of Feb 2021, I was involuntarily terminated from my employer. In January and February of 2021 I made contributions to my employer sponsored 401(k) plan. In March 2021 I performed a complete rollover of my former employer sponsored 401(k) into a traditional joint (my wife and I) IRA account. My wife does not have a 401(k) acct. Our filing status is married- jointly filing and both of us are over 50. My questions is, are we eligible for a 2021 tax deduction if we both make a contribution to our joint traditional IRA account before April 18, 2022?
‎April 5, 2022
1:31 PM