Traditional IRA deduction

Brainstrom · ‎03-26-2021

I have a client that is making a 5000.00 Traditional IRA contribution, but ProSeries is considering it to be a non deductible contribution. The AGI is in the limits for the deduction, I have to over ride the program for the deduction. I am afraid the return will get rejected because of the over ride. Is this another glitch in the Pro Series calculations??

Just-Lisa-Now- · ‎03-26-2021

Must be some other reason its not allowing it...scroll down the IRA contributions worksheet to the calculations.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Accountant-Man · ‎03-26-2021

You night be wrong about its deductibility.

** I'm still a champion... of the world! Even without The Lounge.

qbteachmt · ‎03-26-2021

"The AGI is in the limits for the deduction"

What about Earnings?

*******************************
"Level Up" is a gaming function, not a real life function.

Traditional IRA deduction

©1997-2024 Intuit, Inc. All rights reserved.

Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

By accessing and using this page you agree to the Terms and Conditions.