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Returning Member
posted Jun 4, 2019 7:39:00 PM

I LIKE TO CONTRIBUTE TO TRADITIONAL IRA

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1 Replies
Level 15
Jun 4, 2019 7:39:01 PM

Find a bank, broker or insurance company that issues IRA's. Complete the paperwork and open and fund it no later than Monday (April 15, 2019) for the 2018 tax year. 

To enter contributions to a Traditional or Roth IRA in TurboTax, please follow these steps:

  1. Click on Federal > Deductions & Credits  
  2. Scroll down to the Retirement and Investments section and click on the Start/Revisit box next to Traditional and Roth IRA Contributions.  
  3. On the Traditional IRA and Roth IRA screen, mark the appropriate box and click Continue.
  4. Continue through the screens, entering the requested information.