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Retirement tax questions
Yes, you can.
Your IRA contributions may or may not be deductible if you're in an employer-sponsored plan (the 401k). The deductibility will depend on your filing status, modified AGI, and (if married) whether your spouse is covered under an employer plan.
Here's a link to IRS Publication 590-A, which discusses these limitations (see the tables on p.13): https://www.irs.gov/pub/irs-pdf/p590a.pdf.
You'll enter any IRA contributions in TurboTax by selecting Federal Taxes > Deductions & Credits > Retirement and Investments > Traditional & Roth IRA Contributions and following the prompts.
‎June 3, 2019
10:17 AM