How can I deduct IRA contribution?

[SamiaI · Accepted solution]

Only Traditional IRA contributions may be deductible on your taxes. Roth IRA contributions are not deductible.

Please see instructions below to enter your IRA contributions:

https://ttlc.intuit.com/replies/4792466

The general limit for traditional IRA contributions is the smaller of the following amounts:

• $5,500 ($6,500 if you are age 50 or older), or
• Your taxable compensation for the year.