Can you deduct ira if over 121k

On ira if you are less than $121k at a employer that had a 401k plan but with the add'l w-2 at a company that did not offer a plan resulted in the magi over $121k, is there a way to get deduction?

posted

No, you cannot get a deduction based on one of your W2s that did not offer a plan. You must use the Modified Adjusted Gross Income reported on your return.

For more information on the Deductible IRA Phaseout range based on your filing status, check out the TurboTax FAQ below:

https://ttlc.intuit.com/replies/3301534