☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 12, 2020 4:31:28 PM

Can i add to my roth ira to reduce fed tax?

0 1 499
1 Best answer
Expert Alumni
Apr 12, 2020 4:47:16 PM

No, unlike 401(k) or Traditional IRA contributions, Roth IRA contributions are not tax-deductible. 

1 Replies
Expert Alumni
Apr 12, 2020 4:47:16 PM

No, unlike 401(k) or Traditional IRA contributions, Roth IRA contributions are not tax-deductible.