How do I enter a hypothetical ira contribution to see how it may reduce my tax bill and then can I delete it?

[Coleen3 · Accepted solution]

IRA contributions:

• Federal Taxes tab (Personal in the Self-Employed/Home& Business version)
• Deductions and Credits 
• Continue or I'll Choose What I Work On (if they show up)
• Scroll to Retirement and Investments
• then, Traditional and Roth IRA Contributions

Here are the steps for deleting unwanted forms in TurboTax Online:

• Open your return in TurboTax. (To do this, sign in to TurboTax, and select the Take me to my return button.)

  In the left side bar, select Tax Tools> Tools.

  In the pop-up window Tool Center, choose Delete a form.

  Select Delete next to the form/schedule/worksheet and follow the onscreen instructions.