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IRA Contribution
My wife and I are both retired; neither of us are currently covered by an employer retirement plan. I was covered while working; my wife has never been covered by an employer plan. Both my wife and I have earned income (W-2s). TTax says we can contribute to an IRA but it will not be deductible. I don't understand why it will not be deductible.
March 29, 2023
6:08 PM