If I have both Roth 401k and traditional IRA, can I claim the IRA contributions as deductions since the Roth 401k contributions are already taxed?
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If you are covered by a retirement plan at work then how much, if any, of a Traditional IRA contribution is deductible depends on your MAGI and filing status.
See this IRS link for IRA deduction limits when covered by a retirement plan at work.
https://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits
If you are covered by a retirement plan at work then how much, if any, of a Traditional IRA contribution is deductible depends on your MAGI and filing status.
See this IRS link for IRA deduction limits when covered by a retirement plan at work.
https://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits
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