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Hi, I am trying to enter that I invested 5500 into a traditional ira account for the year 2016 and I am trying to claim the deduction for it.
The software assumes I fall under the 71,000 limit for traditional IRa deductions, but this assumes that I am covered by a retirement plan at work. I am not and from my understanding I should be able to claim the full deduction regardless off my MAGI. Please explain how I should enter the info to get the deduction. Thanks.
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‎June 6, 2019
5:11 AM