Added a 2022 IRA contribution in April 2023. How do I get TT to credit my deductions?

To verify are you trying to enter a traditional IRA contribution?

1. Open your return
2. Click “Deductions &Credits” on the top
3. Click "I'll choose what to work on"
4. Scroll down to “Traditional and Roth IRA Contributions” and click “Start”
5. Select “traditional IRA”

Your traditional IRA contributions may be tax-deductible. The deduction may be limited if you or your spouse is covered by a retirement plan at work and your income exceeds certain levels. Please see IRA deduction limits for details.

It is a traditional IRA and I have no spouse. What is causing the problem appears to be when I contributed to my 2022 contribution. I don't understand why this matters as long as it's before the April 18 deadline.

Thanks for feedback to all in advance.

Generally, this question only matters if you made a conversion in 2022 from a traditional IRA then it will be entered on Form 8606 line 4.

Can you check if the full deduction is listed on line 20 of Schedule 1?

@Tami71 

If I enter total of Box 1 into Box 2, it shows I owe a payment.

If I leave Box 2 blank, it reduces my payment to $0. 

When I went to the Final Review, it brought up that if I made an IRA contribution, I could reduce my payment amount. I punched in scenario numbers to ID what would bring to zero. Now, its saying my income is over the MAGI while being covered by a 401K at work. Is that correct? Why didn't TT flag that when it dangled the contribution option?

Text on the page is as follows:

Tell Us How Much You Contributed

Enter the total amount you put into a traditional IRA for 2022, even if you later transferred some or all of it to a Roth IRA.

Your total 2022 traditional IRA contributions: (Box 1 to enter amount here)

Tell us how much of the above total contribution for 2022 you contributed between January 1, 2023 and April 18, 2023 (Box 2 to enter amount here)

Sounds like I'm stuck. Thanks for helping me with sorting this out. I feel a bit misled by TT, and I'll have to remember this next year.