Turbo tax denied my IRA deduction for me and my husband. When I click on the why, it says no w-2 box 1 income. Although we are retired, box 1 on the import shows way more income than the 14K I am attempting to claim as a deductible IRA (for me and my husband) I chatted with a Turbo tax representative who said possibly your AGI is too high to allow this deduction. So I went to the IRS web site, and basically it says if you are under a certain age (which we both are) , and are not covered by a plan you can contribute to a traditional IRA.
Help please! [email address removed]
