It may be correct, but there is not enough information provided to determine that with certainty.
There is a phase-out range for deductible Traditional IRA contributions based on a Modified Adjusted Gross Income (MAGI), your filing status, and whether or not you and/or your spouse are covered by a retirement plan at work. As you go through TurboTax and enter your IRA contributions, there should be some information on the screen that will tell you whether you are qualified to deduct the full amount of your contribution, or if it is being limited.
Even if some of the contribution is not able to be deducted on your return, you can still make the full contribution to the IRA accounts. You will need to keep track of how much is deducted and how much is a non-deductible contribution. This is important when you begin to take distributions from the account.
To learn more take a look at the following TurboTax help article:
How much of my Traditional IRA contribution is deductible in 2022?
Also, use the following link to see the IRS worksheet for determining the MAGI for Traditional IRA contributions.
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