Discussion:IRA contribution with 401K plan
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Discussion Forum Index --> Test Area --> IRA contribution with 401K plan
Disneyman26 (talk|edits) said: | 16 February 2011 |
If TaxPayer does not participate in work 401k and does not recieve any employer contributions can they still make an IRA contribtuions regardless of their earned income? |
16 February 2011 | |
The case Solomon links to here, Discussion:Active Participant in Qualified Plan might be helpful to you. Was the "covered by a retirement plan" box on your client's W-2 checked? |
Wkstaxprep (talk|edits) said: | 16 February 2011 |
yes |
Wkstaxprep (talk|edits) said: | 17 February 2011 |
on further note, as mentioned above you did not specify if he was "covered" his taxpayer have the option to contribute to a 401k? |
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