DanaB27
Expert Alumni

Get your taxes done using TurboTax

Yes, if you both had an retirement account at work then both of you will have a partial deduction if your MAGI is more than $104,000 but less than $124,000. Please see IRA deduction limits for details.

 

1) I can't see any details of your return but if the contribution of $1,050 to the traditional is the allowed deductible amount then, you can contribute this amount to the traditional IRA and $5,950 to a Roth IRA.

 

2) Please follow these steps to enter a traditional IRA and Roth IRA contribution:

 

  1. Open your return
  2. Click on "Search" on the top right and type “IRA contributions”
  3. Click on “Jump to IRA contributions"
  4. Select “traditional IRA” and "Roth IRA" for both you and your spouse
  5. Go through the interview paying special attention who's contribution the interview is asking about.

 

3) No, if you both have a retirement account at work then both of your contributions will be limited (see above).

 

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