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If I am covered by a work retirement plan for 3 months, can I deduct an IRA contribution if I am over the income limit?
While using TurboTax, I was allowed to include deductible IRA contributions when I stated I was not covered by a work retirement plan (I was only covered for 3 months). My refund reflected the deduction until I transmitted, at which point my refund reduced. Wondering what happened and if I need to amend. If I don't get the deduction, I may change my mind on contributing to the IRA.
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‎June 6, 2019
6:30 AM