Deductions & credits

If you do not have a retirement plan at work, you should be able to deduct your IRA contribution in full. (Make sure you answer that no, you did not have retirement plan coverage when entering your IRA contribution in TurboTax). ‌

However, if you are married and your spouse has a retirement plan at work, you may not take the deduction if your modified AGI is over $240,000.

See: IRA deduction limits