dmertz
Level 15

Retirement tax questions

You are both covered by a retirement plan at work for 2016.  The amount of a traditional IRA contribution you can deduct depends on your modified AGI:

https://www.irs.gov/publications/p590a/ch01.html#en_US_2016_publink1000230472

TurboTax will automatically calculate the deductible amounts.

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