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Does my Roth IRA contribution of $600 qualify for IRA deduction?

 
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2 Replies
Ashby
New Member

Does my Roth IRA contribution of $600 qualify for IRA deduction?

No, Roth contributions are not deductible. Only traditional IRA contributions are deductible.

kdub1
New Member

Does my Roth IRA contribution of $600 qualify for IRA deduction?

Hello, can you confirm, regardless of MAGI value, there is no deduction amount for contributions to Roth IRA's?
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