No. $193K is Roth limits. Roth's are not deductible. For a deduction to lower tax only a Traditional IRA is fully deductible if your income is under $103K.
See this IRS link for Traditional IRA deduction limits when covered by a retirement plan at work.
https://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits
| married filing jointly or qualifying widow(er) |
$103,000 or less
|
a full deduction up to the amount of your contribution limit.
|
|
more than $103,000 but less than $123,000
|
a partial deduction.
|
|
$123,000 or more
|
no deduction.
|
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
