ThomasM125
Expert Alumni

Retirement tax questions

It would depend on your income and your age. Your wife could not if she is under the age of 50, as the contribution limit is $6,000, otherwise she may be able contribute up to $1,000. 

 

You may be able to contribute up to $6,000 if under age 50, or $7,000 if older, but your income may affect your ability to contribute, as may your wife's affect her ability to contribute.

 

The best thing to do is decide how much you want to contribute and enter that contribution in TurboTax to see if the program allows it.

 

 

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