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Retirement tax questions
Yes, TurboTax will automatically verify if your and your spouse's traditional IRA contribution is deductible.
To clarify, your spouse is not covered by a retirement plan but you are covered by one since you mention the $198,000 limit. (If she is covered by a retirement plan at work then the limit is $105,000.)
You might want to check if her W-2 has the retirement box checked or has a retirement entry in box 12:
- Click on "Search" on the top right and type “W-2”
- Click on “Jump to W-2”
Please see IRA deduction limits for additional information.
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February 2, 2022
11:51 AM