FMTC CUSTODIAN SIMPLE IRA

karenjhunt1 — Thu, 06 Jun 2019 08:56:19 GMT

can I deduct my contributions to this plan?

Unless you are self-employed and this is a SIMPLE IRA cre...

dmertz — Thu, 06 Jun 2019 08:56:21 GMT

Unless you are self-employed and this is a SIMPLE IRA created under your self-employment business, no, you cannot deduct these. Your employer will (or should) have already excluded from box 1 of your W-2 amounts reported with code S in box 12.

topic FMTC CUSTODIAN SIMPLE IRA in Investors & landlords

FMTC CUSTODIAN SIMPLE IRA

Unless you are self-employed and this is a SIMPLE IRA cre...