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lisieflav
New Member

I am not covered by a retirement plan at work, box 13 is not checked on my W2, so why won't Turbotax let me deduct my Roth contribution

 
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3 Replies
MinhT1
Expert Alumni

I am not covered by a retirement plan at work, box 13 is not checked on my W2, so why won't Turbotax let me deduct my Roth contribution

Contributions to a Roth IRA are not tax deductible.

 

Please read this IRS document for more information.

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lisieflav
New Member

I am not covered by a retirement plan at work, box 13 is not checked on my W2, so why won't Turbotax let me deduct my Roth contribution

I contribute to a Traditional Roth, not a Roth IRA.

BillM223
Expert Alumni

I am not covered by a retirement plan at work, box 13 is not checked on my W2, so why won't Turbotax let me deduct my Roth contribution

There is no such thing as a "traditional Roth". There is either a "traditional IRA" or a "Roth IRA".

 

So are you contributing to a traditional IRA and are wondering why there is no deduction allowed?

 

Please see "Retirement topics - IRA contribution limits" as a starting point.

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