topic ira contribution in Get your taxes done using TurboTax

ira contribution

djcarp — Tue, 24 Feb 2026 03:41:17 GMT

TurboTax will not let me deduct more than $7000.00. I believe it should be $7500.00. How will TurboTax rectify this problem?

Bsch4477 — Mon, 06 Mar 2023 00:36:30 GMT

$7,500 in tax year 2023 but maximum of $7,000 for 2022 if you are age 50 or older.

fanfare — Mon, 06 Mar 2023 01:34:23 GMT

TurboTax knows the number and it knows what year it is.