hmosbergea
Level 3

 

2 questions:

Under IRA Contribution Worksheet: Regular Roth IRA Contributions:

Line 19 - What does "also include any contributions to deemed Roth IRAs under an employer plan" mean?

Taxpayer has contributed $4,000 thru qualified 401k plan thru work.

Can he still contribute additional $7,000 thru 1040 return?

 

 

0 Cheers