Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProSeries Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- IRA deduction
IRA deduction
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Chet1
Level 2
03-21-2022
07:45 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Does Proseries basic have a calculator to determine maximum traditional IRA deduction
Labels
2 Comments 2
dascpa
Level 11
03-21-2022
07:58 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No. But it's easy enough with the IRA worksheet. Enter $6,000 or $7,000 depending upon age and see if any is considered nondeductible. That will tell you the max deductible amount and you can change the input to that number if the taxpayer funds it. Similar for Roth. For the future, please use the "Where Do I enter" button on all screens to search for items like this. It'll save you a ton of time.
Just-Lisa-Now-
Level 15
03-21-2022
08:40 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I use WDIE more than I use CTRL+F
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
