- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Removing the "X" for qualified retirement plan on the IRA Contribution worsheet
I have a part-time job offering a SIMPLE IRA. I don't participate and no contributions have been made in my name by my employer. The box for retirement plan is not checked on my W-2. However, an "X" appears in the box for a qualified retirement plan on the IRA Contributions worksheet. As a result, TT says my IRA contributions made based on my sole proprietor income are not deductible. Reading the IRS publication indicates that they are deductible. How/where do I uncheck the box regarding eligibility for a qualified retirement plan such that the contributions become deductible?
‎February 23, 2025
10:16 AM