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Level 1
December 7, 2019
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Can an individual contribute and deduct an IRA contribution for 2018, if she was covered at work with a 401K, was eligible - but forgot to enroll/participate in 2018?

  • December 7, 2019
  • 1 reply
  • 16 views
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Best answer by TaxMonkey

Yes, as long as there was zero activity:


https://www.irs.gov/retirement-plans/are-you-covered-by-an-employers-retirement-plan

1 reply

TaxMonkeyAnswer
Level 7
December 7, 2019