djwiseman
New Member

Turbo tax is allowing my wife to deduct her IRA contribution, but I can't deduct mine because our MAGI is over $121,000. Please help.

I want to deduct my IRA contribution. I am covered by a retirement plan at work, but my wife isn't. We are married filing jointly. Our MAGI is $122,307. The Turbo Tax instructions say, "If you are not covered by a retirement plan at work but your spouse is you can deduct all of your IRA contribution if your MAGI is $189,000 or less". However, Turbo tax is allowing my wife to deduct her IRA contribution, but I can't deduct mine because our MAGI is over $121,000. Please help.