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savadrevu
New Member

How can I calculate how much I can contribute to an IRA to deduct from 2024 tax returns?

 
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1 Reply
JamesG1
Expert Alumni

How can I calculate how much I can contribute to an IRA to deduct from 2024 tax returns?

TurboTax will determine whether you qualify for a deductible contribution to a traditional IRA.

 

  1. Down the left side of the screen, click Federal.
  2. Down the left side of the screen, click Deductions & Credits.
  3. Click the down arrow to the right of Retirement and Investments.
  4. Click to the right of Traditional and Roth IRA Contributions.
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