It depends. Without knowing your specific tax situation, I'm unable to determine what you may be able to deduct. You may be able to make an IRA contribution for 2024 that is deductible. It depends on your filing status, your eligibility to contribute to an employer-sponsored retirement plan ( 401(k) or 403(b), and your Modified Gross Income (MAGI).
For more information, review the TurboTax articles Deductions Allowed for Contributions to a Traditional IRA and How much of my Traditional IRA contribution is deductible in 2024?
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