Retirement tax questions

Thank you. The three bullet points you listed do not apply to this example.

I understand how it works (I have been using TurboTax for at least 20 years) and the tax laws, but there is a bug in TurboTax that is not calculating the allowable deduction for spousal IRA contributions correctly (Specifically the IRA Calculator Tool under Other Tax Situations). If that is not clear from what I have already posted, please let me know, and I will provide additional examples to help.

 

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