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New Member
posted Jun 3, 2019 11:22:21 AM

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

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2 Replies
New Member
Jun 3, 2019 11:22:23 AM

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

New Member
Jun 3, 2019 11:22:24 AM

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