1. Apr 12, 2003 #1

   eNtRopY

   

   [SOLVED] Tax Question
   
   If I put money in a 401k program, can I count that towards an IRA deduction?
   
   eNtRopY

    

   eNtRopY, Apr 12, 2003
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3. Apr 12, 2003 #2

   Ganshauk

   

   IRA and 401k are two different species, even though they both look the same.
   
   They should both be tax deferred (some IRA are non taxable :D) and thus ignored for federal income tax (although I have no Idea about state income tax, seeing as how we have none here in the totally badass state of Texas :).
   
   Just keep throwing as much as you can into both of them, and you will be happy about it later on! Very happy indeed.

    

   Ganshauk, Apr 12, 2003

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