https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tradtional-ira-contribution-not-reducing-tax-bill/01/3461377#M333638 <P>Resolved!</P> Wed, 05 Feb 2025 23:49:30 GMT nszymano 2025-02-05T23:49:30Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tradtional-ira-contribution-not-reducing-tax-bill/01/3461377#M333638 <P>Resolved!</P> Wed, 05 Feb 2025 23:49:30 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/tradtional-ira-contribution-not-reducing-tax-bill/01/3461377#M333638 nszymano 2025-02-05T23:49:30Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tradtional-ira-contribution-not-reducing-tax-bill/01/3461414#M333641 <P><SPAN style="font-size:14px;">Your deduction may be limited if you (or your spouse, if you are married) are </SPAN><A href="https://www.irs.gov/retirement-plans/plan-participant-employee/2024-ira-contribution-and-deduction-limits-effect-of-modified-agi-on-deductible-contributions-if-you-are-covered-by-a-retirement-plan-at-work" target="_blank"><SPAN style="font-size:14px;"><U>covered by a retirement plan</U></SPAN></A><SPAN style="font-size:14px;"> at work and your income exceeds certain levels.</SPAN></P><P><A href="https://www.irs.gov/retirement-plans/ira-deduction-limits" target="_blank"><SPAN style="font-size:14px;"><U>IRA deduction limits</U></SPAN></A></P> Wed, 05 Feb 2025 22:18:50 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-tradtional-ira-contribution-not-reducing-tax-bill/01/3461414#M333641 MayaD 2025-02-05T22:18:50Z