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Can I take the $6500 deduction for a traditional IRA contribution if no money was added to my SEP IRA during the year?
My employer set up a SEP but has not consistently contributed to it; 2017 additions were zero. TurboTax asks if I am covered by a SEP IRA and I check "Yes". No deduction is then allowed for a contribution to a traditional IRA. Do I check the "No" box instead?
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‎June 7, 2019
4:13 PM