If an employer contributed to a 401K for one month in 2018 how can I maximize my tax deductions with IRA contribution?

tdweeks · ‎June 5, 2019

MinhT · ‎June 5, 2019

It depends on your Modified Adjusted Gross Income.

As you have a 401(k) at work, even for one month, you are considered as covered by a retirement plan at work in 2018.

To determine if you can deduct an IRA contribution, please read this IRS document:

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