Include the information about your IRA contributions in your
return. Then, based on your income and
other factors, you will be given information about how much (if any) of your Traditional
IRA contribution is deductible.
Use the following steps to go to the section where you will
enter your contributions:
-
On the top row of the
TurboTax online screen, click on Search (or for CD/downloaded TurboTax
locate the search box in the upper right corner)
-
This opens a box where you
can type in “IRA contributions” (be sure to enter exactly as shown here)
and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
-
The search results will
give you an option to “Jump to IRA contributions”
-
Click on the blue “Jump
to IRA contributions” link and enter your information
