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Retirement tax questions
No, I haven't taken any deductions from the retirement fund. But, 2018 was the 1st year I filed that I had contributed to my 401k and it gave me an additional $200 tax deduction. Now in 2019 I have contributed a lot more to my 401k and when filing it says I don't qualify for the tax deduction - just trying to figure out why.
According to the more info tab on TurboTax, if I'm filing single then as long as I have a total income and wages of less than $33,000 I qualify. I made about $31,000.
‎February 9, 2020
8:41 PM