GotToPayMyTaxes,
The short answer is that you are allowed to make nondeductible IRA contributions, but would not get a tax deduction for them this year. Great resources to understand that option are the IRS publication 590-A and 590-B (https://www.irs.gov/pub/irs-pdf/p590a.pdf and 590b.pdf). Such contributions create a basis in the IRA which incrementally reduces the taxable amount of each withdrawal down the road. While your income is too high to make direct Roth IRA contributions, you are allowed to convert some or all of your traditional IRA assets to Roth and pay tax up front with the down-the-road benefit of Roth. Again, read through those publications to determine whether such actions will be of benefit for your particular situation.
