taxuser06022021
Returning Member

TurboTax is giving tax deduction IRA contribution with high AGI

Hi,

 

TurboTax is giving me a tax deduction for an IRA contribution even when I have a AGI well over 204,000.

 

  • Married filing jointly: MAGI less than $204,000 for a full contribution or $204,000 - $214,000 for a partial contribution

I don't know where to find MAGI in TurboTax but it seems like I should not be getting a tax deduction for a traditional IRA contribution.

 

How do I confirm TurboTax is doing the right thing.

 

Thanks,

Jim