Will opening an IRA avoid paying tax

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03-24-2012, 11:01 AM

KathyK1947 KathyK1947 is offline

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Will opening an IRA avoid paying tax

I owe Federal $1400.00. If I open an IRA can I avoid that and if so how much?

Last edited by KathyK1947 : 03-24-2012 at 11:05 AM. Reason: adding to it

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