MichaelDC
New Member

Retirement tax questions

That's quite possible. If your husband is eligible to be enrolled in an employer sponsored retirement plan (401k, 403b, etc) then his traditional IRA contribution may be partially deductible or not deductible at all.

This depends on your income. If he is eligible, he must have adjusted gross income of $99,000 or less for married couples filing jointly for his to be contribution to be fully deductible with a phaseout a $119,000.

If you didn't participate in another retirement plan, but your spouse did, and you're Married Filing Jointly, the phase-out range is $186,000 – $196,000

Please feel free to post any additional details or questions in the comment section.