topic Say I owe $2500 in taxes and decided to put that into an IRA, how much will that save me on my taxes - How much would I have to pay? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/say-i-owe-2500-in-taxes-and-decided-to-put-that-into-an-ira-how-much-will-that-save-me-on-my-taxes/01/28199#M11896 Fri, 31 May 2019 18:13:58 GMT samuelsonrj 2019-05-31T18:13:58Z Say I owe $2500 in taxes and decided to put that into an IRA, how much will that save me on my taxes - How much would I have to pay? https://ttlc.intuit.com/community/taxes/discussion/say-i-owe-2500-in-taxes-and-decided-to-put-that-into-an-ira-how-much-will-that-save-me-on-my-taxes/01/28199#M11896 Fri, 31 May 2019 18:13:58 GMT https://ttlc.intuit.com/community/taxes/discussion/say-i-owe-2500-in-taxes-and-decided-to-put-that-into-an-ira-how-much-will-that-save-me-on-my-taxes/01/28199#M11896 samuelsonrj 2019-05-31T18:13:58Z Assuming you qualify for a Traditional IRA, it depends up... https://ttlc.intuit.com/community/taxes/discussion/assuming-you-qualify-for-a-traditional-ira-it-depends-up/01/28217#M11906 <P>Assuming you qualify for a Traditional IRA, it depends upon your marginal tax rate. For example, a $5,000 IRA saves you $1,250 in Federal taxes if you are in the 25% bracket.</P> Fri, 31 May 2019 18:14:01 GMT https://ttlc.intuit.com/community/taxes/discussion/assuming-you-qualify-for-a-traditional-ira-it-depends-up/01/28217#M11906 SweetieJean 2019-05-31T18:14:01Z Try this refund tool to determine the result of a Traditi... https://ttlc.intuit.com/community/taxes/discussion/try-this-refund-tool-to-determine-the-result-of-a-traditi/01/757672#M303203 <P>Try this refund tool to determine the result of a Traditional IRA contribution.<A href="https://turbotax.intuit.com/tax-tools/calculators/taxcaster" target="_blank">Tax Caster</A></P><P>A Traditional IRA may reduce your taxable income and qualify you for the Saver's Credit<BR /></P> Fri, 07 Jun 2019 22:04:54 GMT https://ttlc.intuit.com/community/taxes/discussion/try-this-refund-tool-to-determine-the-result-of-a-traditi/01/757672#M303203 Marketstar 2019-06-07T22:04:54Z