What are the tax implications of adding additional funds to a rollover IRA?

: What are the tax implications of adding additional funds to a rollover IRA?
When I started my new job, I rolled a couple of old 401k’s into a Vanguard rollover IRA (I think it’s traditional). If I were to make additional contributions leading up to the $ 5000 annual limit, what are the tax implications? Since I already paid taxes on my money, do I put any contributions on my taxes as a deduction, or do I essentially “eat” the taxes and pay taxes indirectly a second time when I eventually start making withdrawals?

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Answer by Quick Answers
“Since I already paid taxes on my money”

The $ 5000 that you are adding *is* a deduction on the front of the 1040, line 32. this is subject to any income limits in publication 590.