Re: IRA Help for a Professional Poker Player
Question:
When you deduct your IRA contribution from your taxes, is that done in the same place as your standard deduction (meaning I can't take a standard deduction to enjoy the full benefits) or somewhere else?
If it goes in your standard deduction, I may not want to put my money into an IRA, yet, as I don't itemize ($5000 standard vs $160 or whatever I actually have to deduct).
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