I left my job in early 2019 and converted my 401k into a rollover IRA. I then started a consulting business and contributed to this rollover IRA. When entering Personal: Deductions and Credits, I now get a message after I entered a contribution to the rollover IRA. "Income Too High to Deduct an IRA contribution" My income was 134k and over the 123k allowed, but the rest of the message says it is because I was covered by a retirement plan at work. My 401k coverage was only for the first 3 months.
