Online Income Tax Return Get your Fast Tax Refund in 48 Hrs at TaxBrain. Start now

Can I contribute to an IRA if I have other retirement plans?

Yes, you can contribute to a traditional IRA even if you are covered by another retirement plan. However, you may not be able to deduct all of your contributions if you or your spouse is covered by an employer-sponsored retirement plan.

 

 

 

 

 

 

 

For Efile your Income Tax Return You need only :

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Efile

OR

  • A copy of last years tax return
  • Personal identification (driver's license, social security card) for you and your spouse, if applicable, showing the SSN (s).
  • W-2s from all of your employers
  • Forms 1099 & 1099-G, 1099-DIV, 1099-R.
  • All receipts pertaining to your small business
  • Social security benefits
  • Unemployment Compensation
  • Other Income
  • Income receipts from rental real estate, royalties, partnerships, s corporation, trusts
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