IRA - Taxable Distribution When Contributions Made in Same Year Worksheet

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Use this tax worksheet only if a taxable IRA distribution is received in the same year that a traditional IRA contribution is made, and such contribution may not be fully deductible because of income limits. The taxpayer’s modified AGI must be within the IRA phase-out range for this special computation to apply.

For further assistance on this topic, click the Tax Flowcharts item group Tax worksheets item group button button and view the IRA Contributions and Deductions tax flowchart.

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