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February 20, 2025
Question

will my traditional IRA contribution lower taxable income when entered into turbo tax

  • February 20, 2025
  • 1 reply
  • 0 views
Both my wife and I have pensions, what is the maximum MAGI limit for deducting traditional and Roth ira's

    1 reply

    VolvoGirl
    Employee
    February 20, 2025

    A ROTH IRA is not deductible.   If you are both retired do you have any W2 or self employment income to contribute to a IRA?