Comment on Are IRA Contributions Tax-Deductible?

Yes, IRA contributions are tax-deductible — if you qualify. To be clear, we’re talking here about contributions to a traditional IRA. Contributions to a Roth IRA are not tax-deductible. Here’s how to figure out if you qualify to deduct your traditional IRA contributions: If you don’t have a work retirement plan If you, and your... Andrea Coombes is a writer at NerdWallet.