- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can pension income on a 1099-R without any income from a W2 be used to contribute to a traditional IRA for tax credit?
Turbo tax software lets me get tax credit in a traditional IRA of approx. 500.00 but I only have income from a pension plan on a 1099-R and I have conflicting information that you have to have income from W-2 income. Am I able to use 1099-R income to contribute to IRA and receive tax credit?
Topics:
‎June 6, 2019
7:11 AM