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Level 2
March 17, 2026
Question

non-deductible ira

  • March 17, 2026
  • 1 reply
  • 5 views

client wanted to make a 3500.00 contribution to his ira.  contribution deemed non-deductible due to income limitations.  amount not deducted on return.  letter said in order for the contribution to be deductible please deposit 3500.00 into your ira by 04/15/26.  oops.  had to hard key the letter with the correct information in order to make it correct.  is there a letter update coming?

1 reply

Intuit Community Champion
March 17, 2026

Mine shows "allowable" in the client letter, not "deductible." I would first review your inputs. If those are correct, adjust "Settings" menu>"Client Letter..." wording if needed.

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