topic Yes - I did in Retirement tax questions

I took a distribution from my IRA in 2016. Can I make an IRA contribution before April 2017 to reduce my taxes?

oya66 — Thu, 06 Jun 2019 10:27:36 GMT

Yes, assuming you would otherwise be qualified to make a...

PaulaM — Thu, 06 Jun 2019 10:27:37 GMT

Yes, assuming you would otherwise be qualified to make a IRA contribution, then you can do so by the due date of the return, 4/18/17, for tax year 2016.

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-li...

You must also be qualified for a deductible contribution.

fanfare — Thu, 06 Jun 2019 10:27:38 GMT

You must also be qualified for a deductible contribution.

I am qualified and when I put the deduction in the field...

oya66 — Thu, 06 Jun 2019 10:27:40 GMT

I am qualified and when I put the deduction in the field before dec 31, turbotax lets me take the credit, but if I put it in the field Jan 1 2017 - 4/17/2017 , it does not let me take the deduction. I don't understand. It must be a bug.

Do you have entries in both fields? Ex: Total 2016 contri...

PaulaM — Thu, 06 Jun 2019 10:27:41 GMT

Do you have entries in both fields? Ex: Total 2016 contribution is 4000 and the portion of the above contribution is also 4000.

*portion that is btw 1/1/17 - 4/18/17 is also 4000

PaulaM — Thu, 06 Jun 2019 10:27:43 GMT

*portion that is btw 1/1/17 - 4/18/17 is also 4000

Yes - I did

oya66 — Thu, 06 Jun 2019 10:27:44 GMT

Yes - I did

Contact live help. They can share your desktop, to 'see'...

PaulaM — Thu, 06 Jun 2019 10:27:46 GMT

Contact live help. They can share your desktop, to 'see' what else might be preventing the deduction. <a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number">https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number</a>