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URL:  http://boards.fool.com/info-for-tmftaxes-tmfexro-re-msg-39603-13263519.aspx

Subject:  INFO for TMFTaxes & TMFExRO re: msg 39603 Date:  9/7/2000  5:26 PM
Author:  stockmover Number:  39680 of 121114

INFO for TMFTaxes & TMFExRO re: msg 39603

First of all Roy and Phil, I want to thank both of you for your help.

I guess what I was trying to say in my original message was......... that I contributed AND DEDUCTED a $2000 Traditional IRA contribution on my 1999 tax return under a filing status of Married-Filing Separately.

Secondly, I am presently NOT COVERED by a qualified retirement plan, although my wife IS covered under a qualified employer retirement plan.
Our combined AGI is for the 1999 tax year is $61,000.

Based on the additional information above.... is my $2000 Traditional IRA Contribution AND DEDUCTION for the 1999 Tax year correct and proper or is there still a problem with the deduction?

Btw Roy, I extensively researched the community property laws at both the Federal and State levels [including TMF's FAQ's] and I am totally comfortable in this respect on my tax return. But you are absolutely correct..... it is very complex.

Thanks again for your excellent advice.

TG

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