macuser_22,
Thank you for the explanation. However, I know how to figure out the contribution deduction for a traditional IRA. My issue was regarding how the unemployment tax waiver kicked in not the traditional IRA. My wife received unemployment income that put our AGI over the $150,000 threshold and I need to amend our return to account for her traditional IRA contribution we just made so our AGI is reduced. Our currently filed return that has been accepted by the IRS indicates an AGI over $150,000 because the IRA contribution was not accounted for at the time of filing.
I am happy to know that the contribution deadline has also been extended with the tax deadline. Thank you for confirming.
Best
