Thanks TurboTaxDanielV Our income for 2017 is under $186,000 and we both are under 70 1/2. I was terminated the end of Oct. 2016 and received a one year severance, 10 months of which was reported on my 2017 W-2. In addition I began receiving my pension the beginning of Dec. 2016 and then the entire year 2017 which was reported on my 2017 1099-R. Question, box 12a on my 2017 W-2 shows amount of $288. and the letter "D" and Ret. plan is checked. The $288 was a deferred payment to my 401K plan, which should of been made the end of 2016 before my retirement started in Dec. 2016. Am I able to deduct $6500 contribution to a traditional IRA? Thanks
