asussugar
New Member

Switched jobs in August. First company had no 401k. In past years I contributed to a regular IRA. New company has 401k and I have contributed. Can I deduct?

Total income is 115K which suggests I can't claim deductions to my regular IRA since I was covered by a plan. I didn't participate much in the plan since it was only for 3 months. It seems I can't take IRA deduction. Is my only option to add to my 401k as last years contributions?