She said if her son finds a job she would be without help and they would be hit by a large non-dependent deduction to go with the bedroom tax shortfall.
The newly extended enhanced incentive allows a non-farmer donor to use a conservation donation deduction to wipe out 50% of his gross income in any year, up from the normal 30% that is a permanent part of the law.
For non-deductible contributions to a traditional IRA (where you make too much income to qualify for a deduction), or regular contributions to a Roth IRA, or saving in a taxable account, you pay income tax as you earn the money, regardless of what you do with it.