d50dfb0a
New Member

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?