Traditional IRA Contribution

1 reply
11 views

My income is high enough to enable me to invest $7000 in a Traditional IRA. When I add that to my taxes, the taxable income should decrease since the Traditional IRA is pre-tax. It didn't. I am confused.

TurboTax Home & Biz Windows

MarilynG

Alumni - Intuit

Have you finished entering all your Income, Deductions and Credits?

You may want to review your IRA Contribution entry. Click this link for info on Reporting IRA Contributions.

Since we can't see your return in this forum, here's a link to IRA Contributions you may find useful.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

Traditional IRA Contribution

1 reply

Unlock tailored help options in your account

Get answers to all your tax questions

Unlock tailored help options in your account

Get answers to all your tax questions

Sign up

Login with SSO

Let's get you signed in

Login with SSO