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Hello,

I was looking into IRA tax laws today and realized I may have set myself up for double taxation when I withdrawal in the coming years.

I'm currently 22 years old and don't plan on withdrawing unless I purchase a home this year. For me to not get double taxed when I pull money out, I cannot claim a deduction at years end AND keep tabs with these contributions through form 8606? Any help would be appreciated, pretty confused at the moment.

Thanks!



Submitted July 24, 2017 at 05:19PM by itsthunderingoutside http://ift.tt/2uSivh4

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