https://ttlc.intuit.com/community/retirement/discussion/how-can-i-deduct-ira-contribution/01/652828#M62053 Thu, 06 Jun 2019 08:56:42 GMT zciez 2019-06-06T08:56:42Z https://ttlc.intuit.com/community/retirement/discussion/how-can-i-deduct-ira-contribution/01/652828#M62053 Thu, 06 Jun 2019 08:56:42 GMT https://ttlc.intuit.com/community/retirement/discussion/how-can-i-deduct-ira-contribution/01/652828#M62053 zciez 2019-06-06T08:56:42Z https://ttlc.intuit.com/community/retirement/discussion/only-traditional-ira-contributions-may-be-deductible-on-y/01/652832#M62055 <P>Only <B>Traditional IRA </B>contributions may be deductible on your taxes. <B>Roth IRA </B>contributions are <B>not</B> deductible.</P><P>Please see instructions below to enter your IRA contributions:</P><P> <A href="https://ttlc.intuit.com/replies/4792466" target="_blank">https://ttlc.intuit.com/replies/4792466</A> <BR /> </P><P>The general limit for traditional IRA contributions is the smaller of the following amounts:<BR /></P><UL> <LI>$5,500 (<B>$6,500</B>&nbsp;if you are age 50 or older), or</LI> <LI>Your taxable compensation for the year.</LI> </UL> Thu, 06 Jun 2019 08:56:43 GMT https://ttlc.intuit.com/community/retirement/discussion/only-traditional-ira-contributions-may-be-deductible-on-y/01/652832#M62055 SamiaI 2019-06-06T08:56:43Z