Let's double check the rules and facts.
Do you mean contribution? You need to verify your taxable compensation is eligible along with the exceptions to the rule.
The general limit for 2021, the most that can be contributed to your traditional IRA is generally the smaller of the following amounts.
See Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs),
Do you mean IRA deduction? You both work. Are either or both of you covered by an employer retirement plan?
- If both not covered, you can contribute to your IRAs.
- If both covered, you have income limitation, for 2021, MFJ, the phaseout range is $105,000-125,000. Above that, no contribution allowed.
- If one covered by retirement plan but not the other, the MFJ phaseout range is $198,000-208,000. Above that, no contribution allowed.
If there is still an issue after verifying the above, you can send us a “diagnostic” file that has your “numbers” but not your personal information. If you would like to do this, here are the instructions:
If you are online, go to tax tools>tools > share file with agent > 6 digit number pops up.
If on desktop, go to online >send tax file to agent > number pops.
Reply with # here and @AmyC please
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