turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Oct 16 is the IRS deadline–file confidently with expert help. File Now
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

IF I put $5000 into my IRA will it help with my taxes

 
1 Best answer

Accepted Solutions

IF I put $5000 into my IRA will it help with my taxes

It may reduce any taxes due by your marginal tax rate.

View solution in original post

1 Reply

IF I put $5000 into my IRA will it help with my taxes

It may reduce any taxes due by your marginal tax rate.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v