https://ttlc.intuit.com/community/self-employed-group/discussion/re-ira-contribution-deductions/01/2967854#M9312 <P>Good thought. Thanks.</P> Mon, 20 Mar 2023 21:27:27 GMT fischmike 2023-03-20T21:27:27Z https://ttlc.intuit.com/community/self-employed-group/discussion/ira-contribution-deductions/01/2967740#M9309 <P>TurboTax tells me the maximum IRA deductible contribution I can make from my self-employment income to my SEP is a bit under $5000. This means the $14000 TurboTax says my wife and I can also contribute to our traditional IRA's is nondeductible. Is this the best I can do?</P> Mon, 20 Mar 2023 20:51:09 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/ira-contribution-deductions/01/2967740#M9309 fischmike 2023-03-20T20:51:09Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-ira-contribution-deductions/01/2967818#M9311 <P>One choice, if you fund your SEP, &nbsp;is for each of you to fund a ROTH IRA.&nbsp;</P> Mon, 20 Mar 2023 21:16:38 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-ira-contribution-deductions/01/2967818#M9311 Bsch4477 2023-03-20T21:16:38Z https://ttlc.intuit.com/community/self-employed-group/discussion/re-ira-contribution-deductions/01/2967854#M9312 <P>Good thought. Thanks.</P> Mon, 20 Mar 2023 21:27:27 GMT https://ttlc.intuit.com/community/self-employed-group/discussion/re-ira-contribution-deductions/01/2967854#M9312 fischmike 2023-03-20T21:27:27Z