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Can I now open an IRA with $6000 to take the deduction on this return? 2017 1040 shows AGI at $38,641

Worked 8 months of 2017.   Had 403(b) contributions from salary, total of $10,000 .    Now retired.  No more contributions.  

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‎June 4, 2019 1:24 PM
last updated ‎June 04, 2019 1:24 PM
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DanO
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Can I now open an IRA with $6000 to take the deduction on this return? 2017 1040 shows AGI at $38,641

Yes, as long as you make your contribution by April 17, 2018, and you are not filing married separately.  This contribution can be deducted on your 2017 return.

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‎June 4, 2019 1:24 PM
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DanO
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Can I now open an IRA with $6000 to take the deduction on this return? 2017 1040 shows AGI at $38,641

Yes, as long as you make your contribution by April 17, 2018, and you are not filing married separately.  This contribution can be deducted on your 2017 return.

‎June 4, 2019 1:24 PM
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need-help-with-taxes
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Can I now open an IRA with $6000 to take the deduction on this return? 2017 1040 shows AGI at $38,641

Thank you for the quick reply.
‎June 4, 2019 1:24 PM
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