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New Member
posted May 31, 2019 8:06:37 PM

Can I deduct a traditional IRA contribution in my spouses name on my joint return for my spouse who does not work and does not have income attributed to her.

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6 Replies
New Member
May 31, 2019 8:06:38 PM

Yes. As long as you have earned income, your wife can make deductible IRA contributions.

See below and at this site for an explanation for IRA contribution rules:

Spousal IRAs

If you file a joint return, you may be able to contribute to an IRA even if you did not have taxable compensation as long as your spouse did. The amount of your combined contributions can’t be more than the taxable compensation reported on your joint return. See the formula in IRS Publication 590-A.

If neither spouse participated in a retirement plan at work, all of your contributions will be deductible.

Level 15
May 31, 2019 8:06:42 PM

With a retirement plan, whether it is deductible will depend on your income level.

New Member
May 31, 2019 8:06:44 PM

Yes, that and whether your work offers a retirement plan. There are higher income limits if there is no plan from your employer.

New Member
May 31, 2019 8:06:45 PM

I work and have a 401k I participate in. So plenty of income with my w2.    She doesn't work so no employer for her or income.   We file jointly.   I want to take $5500 from joint checking and put it in her traditional IRa.   Turbo tax lets me make the entry and it saves me in taxes.

New Member
May 31, 2019 8:06:47 PM

The income limit for your spouse with you being covered at work is 184,000 dollars in MAGI.

New Member
May 31, 2019 8:06:49 PM

I am under the $184,000.