I wanted to double check something. For the 2023 I have contributed the maximum ammount to my traditional IRA. I also contributed a small ammout to a 401k that started at the end of the year.
I am doing my taxes for the 2023 year. My accountant is saying that because I also contributed to the 401k I lost the deduction of $6,500 that I would have gotten with my tradional IRA. Is this right? did I mess my self up?
original posted by 15feet to r/personalfinance on Tue, 12 Mar 2024 15:09:21 GMT.