Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Adjustments to Income Workout

IRA Contributions

Case Study 1: IRA Contributions

During the tax year, Fred contributed $2,200 to a traditional IRA and $1,000 to a Roth IRA. The most Fred will be able to deduct is the $2,200 contribution to his traditional IRA. He may be eligible for the Retirement Savings Contribution Credit for the Roth IRA contribution.

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