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IRA Deduction

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E

EdwinJ

Junior Member
What is the name of your state?IN

Can a person receiving Social Security take the full $3500 IRA deduction?
 


S

Snipes5

Senior Member
If they meet the other qualifications, such as age, income and AGI, yes.

You can only contribute up to the amount of your earned income, or $3000/$3500, whichever is less.

Snipes
 
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