Solved
I was laid off in Sept and still looking for work. Since I wasn't covered by a retirement plan after being laid off can I deduct an IRA for 2017?
No text available
If you were covered by a retirement plan up to September 2017, you are considered as covered by a retirement plan in 2017, even if you were not covered from October to December 2017.
You can still deduct an IRA contribution if your Modified Gross Adjusted Income is below a certain level depending on your filing status.
Please read this IRS document to see if you are eligible for an IRA deduction:
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
