Retirement tax questions
Contributions to a Traditional IRA will decrease your tax liability.
You can test this by going to Deductions & Credits > Retirement and Investments > Traditional Roth and IRA Contributions.
Enter a Traditional IRA Contribution Amount (between Jan 1 and April 18, 2023).
Continue to a screen where TurboTax will show your IRA Deduction Amount.
Here's more info on Last Minute Ways to Reduce Your Taxes.
