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June 6, 2019
Solved

IRA deductions not eligible at all

  • June 6, 2019
  • 1 reply
  • 8 views
If you make over 71k and contribute to and employee 401k. Is this true?
Best answer by

Yes, that is true for someone filing as Single or Head of Household.

IRA deductibility - covered by employer plan

You can still contribute to an IRA, but it will not be deductible.

1 reply

Answer
June 6, 2019

Yes, that is true for someone filing as Single or Head of Household.

IRA deductibility - covered by employer plan

You can still contribute to an IRA, but it will not be deductible.