How to set up $6000 for each spouse in Turbotax

[ndc24075]

I am filing jointly with my spouse and I found that TurboTax always lists only $6000 even though I have checked both me and my spouse for traditional IRA contributions. Does anyone know how to fix this? Thanks.

[BillM223]

Could you clarify where TurboTax is listing the $6,000? Is it on a tax form, or is it inside the interview, like on the Deductions & Credits screen?

[ndc24075]

It is the interview. It asks both me and my spouse's IRA contributions and ends up with only $6000 when interview screen finishes.

[BillM223]

In that IRA interview, there are a number of questions:

1. Is the IRA contribution a repayment of a retirement distribution?

2. Was any of the IRA contribution transferred to a Roth IRA?

3. Did you have any excess IRA contributions before 2022?

4. Did you make any nondeductible IRA contributions?

The four questions above are asked for each taxpayer separately.

Then at the end of the subinterview, "Your IRA Deduction Summary" should show $12,000. 

Is this where you say that it shows $6,000?

[ndc24075]

Yeah, exactly.

[ndc24075]

@BillM223 this is where that shows $6,000. Do you know how to fix it? Thanks.

[MichaelG81]

Yes, it shows up perfect in TurboTax. Follow these instructions:

• Click update next to IRA contributions in deductions 
• Make sure that you and your spouse are checked as having contributed to an IRA, continue
• Answer if this is a repayment of distribution.
• Then enter how much "you" or the main tax payer contributed, continue
• Answer If you recharacterized the IRA to a Roth
• Answer if covered by plan at work for you and spouse
• Excess contributions?
• Non-deductible Contributions?
• Repayment
• Spouse's contribution.
• Continue the interview

@ndc24075