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New Member
posted Jun 4, 2019 1:14:55 PM

How come we didn't get an IRA deduction for opening and contributing $5500 to a Roth IRA?

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1 Best answer
Alumni
Jun 4, 2019 1:14:56 PM

ROTH IRA contributions are not deductible and provide no current tax year benefit.

1 Replies
Alumni
Jun 4, 2019 1:14:56 PM

ROTH IRA contributions are not deductible and provide no current tax year benefit.