Dan Posted February 7, 2021 Report Posted February 7, 2021 Effective for tax years beginning after 2019, the age 70 1/2 no longer applies as long as all other IRA contribution rules are met. One stipulation is that you must have earned income to make an IRA contribution and the amount of earned income must exceed the amount of your IRA contribution. Question for those doing Kansas Returns: If you have earned farm income, do you included your contribution amount in line B13 as an amount from Kansas Sources? It shows up on B13 as a total from the Federal Return but not as an amount from Kansas Sources unless you enter it there. Line B13 is on Schedule S, part B-Part-Year Resident/nonresident allocation form for Kansas Thanks for your early reply!! 1 Quote
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