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Retirement tax questions
Yes, you may contribute to a traditional IRA for the tax year 2018 to reduce your taxable income before 4/15. Please be aware that the deduction may be limited if you or your spouse is covered by a retirement plan at work and your income exceeds certain levels.
- IRA Deduction if You ARE Covered by a Retirement Plan at Work - 2018
- IRA Deduction if You Are NOT Covered by a Retirement Plan at Work - 2018 (deduction is limited only if your spouse IS covered by a retirement plan)
‎June 6, 2019
12:49 AM