msmith7305
Level 7
02-08-2020
07:37 PM
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I agree it is not deductible. However, it would be nice to have a crosscheck as to how much of a contribution is allowed. There is a max MAGI limitation for contributions ($220k MFJ) with a phaseout range of $30,000 MFJ. If there was a worksheet it would help in figuring out the allowable amount.