topic No, you cannot make an additional contribution to your 40... in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/no-you-cannot-make-an-additional-contribution-to-your-40/01/729541#M69906 <P>No, you cannot make an additional contribution to your 401(k) now and have it reduce your AGI for 2017.</P><P>However, you may be eligible to make a <I>Deductible Contribution to a Traditional IRA</I> by&nbsp;<B>April 17, </B><B>2018</B> and have it reduce your AGI for 2017.&nbsp; Because you are covered by your Employer's 401(k) Plan, you will only be able to make a <I>Deductible Traditional IRA Contribution</I> if your income is below the phase-out range.</P><P>See the TurboTax FAQ below for the deduction phase-out range based on filing status :</P><P> <A href="https://ttlc.intuit.com/replies/3301534" target="_blank">https://ttlc.intuit.com/replies/3301534</A> <BR /> </P> Thu, 06 Jun 2019 15:57:33 GMT Rachel_W 2019-06-06T15:57:33Z Can I make an additional contribution to my 401k now to reduce my AGI for 2017? If so, what are the rules/limits? https://ttlc.intuit.com/community/retirement/discussion/can-i-make-an-additional-contribution-to-my-401k-now-to-reduce-my-agi-for-2017-if-so-what-are-the/01/729538#M69904 Thu, 06 Jun 2019 15:57:32 GMT https://ttlc.intuit.com/community/retirement/discussion/can-i-make-an-additional-contribution-to-my-401k-now-to-reduce-my-agi-for-2017-if-so-what-are-the/01/729538#M69904 tommieamelia 2019-06-06T15:57:32Z No, you cannot make an additional contribution to your 40... https://ttlc.intuit.com/community/retirement/discussion/no-you-cannot-make-an-additional-contribution-to-your-40/01/729541#M69906 <P>No, you cannot make an additional contribution to your 401(k) now and have it reduce your AGI for 2017.</P><P>However, you may be eligible to make a <I>Deductible Contribution to a Traditional IRA</I> by&nbsp;<B>April 17, </B><B>2018</B> and have it reduce your AGI for 2017.&nbsp; Because you are covered by your Employer's 401(k) Plan, you will only be able to make a <I>Deductible Traditional IRA Contribution</I> if your income is below the phase-out range.</P><P>See the TurboTax FAQ below for the deduction phase-out range based on filing status :</P><P> <A href="https://ttlc.intuit.com/replies/3301534" target="_blank">https://ttlc.intuit.com/replies/3301534</A> <BR /> </P> Thu, 06 Jun 2019 15:57:33 GMT https://ttlc.intuit.com/community/retirement/discussion/no-you-cannot-make-an-additional-contribution-to-your-40/01/729541#M69906 Rachel_W 2019-06-06T15:57:33Z