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Old 02-06-2018, 12:57 AM
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Join Date: Feb 2018
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IRA deduction for 2017

I understand you cannot take the tax deduction for an IRA if you are covered by an employers 401K. My question is regarding the word "covered". I contributed to a 401K with my employer in 2017 but I was only employed until April, and my total 401K contribution was $1400. I no longer work for that employer nor have I contributed anything additional. Am I disqualified from deducting an IRA in 2017? My MAGI will be around $80K and I'm over 50.

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