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New Member
posted Jun 6, 2019 12:55:33 AM

Message that IRA contribution is not deductible due to employer sponsored retirement plan.which is not the case.

I was prompted to make a IRA contribution for myself & spouse i/a/o $6,500 each which would result in a tax savings of $3,100.  It printed & filed the Fed return. When i return to the software, the Fed & state tax credit has changed by the effect of the IRA.  I currently am not under a employee sponsored retirement plan.

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1 Best answer
Level 15
Jun 6, 2019 12:55:34 AM

Is the Retirement plan box (box 13) checked on any of your W-2 forms?

1 Replies
Level 15
Jun 6, 2019 12:55:34 AM

Is the Retirement plan box (box 13) checked on any of your W-2 forms?