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    jenibaby7's Avatar
    jenibaby7 Posts: 1, Reputation: 1
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    #1

    Sep 10, 2009, 09:16 AM
    Calculating taxable income
    My question reads 8000 in roth ira contributions were made for the year... is roth ira
    An adjustment and subtracted in my problem early on, OR subtracted as a credit towards the end?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 11, 2009, 06:38 PM

    Roth IRA contributions aren't deductible for tax. There is a credit that might be taken directly off taxes that comes from doing several different types of retirement accounts, which is a different thing.

    However... I have no idea what you are referring to with your "problem early on" or "credit towards the end."
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