Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 5, 2019 3:54:08 PM

I have entered in $3,855 for my 2016 Roth IRA contribution. [Q] Can I now add in an entry for my wife to contribute $6,500 (over 50) to a Traditional IRA also ?

0 4 596
1 Best answer
Level 7
Jun 5, 2019 3:54:09 PM

Yes, you (or your wife) can contribute to a traditional IRA.  The Roth contribution is not deductible, but the donation to a traditional IRA may be fully deductible based on other factors like income and whether or not you and/or your wife have a retirement plan at work.

4 Replies
Level 7
Jun 5, 2019 3:54:09 PM

Yes, you (or your wife) can contribute to a traditional IRA.  The Roth contribution is not deductible, but the donation to a traditional IRA may be fully deductible based on other factors like income and whether or not you and/or your wife have a retirement plan at work.

Returning Member
Feb 19, 2021 11:10:48 AM

I know she can have her own. But Turbo Tax does not give me "Jo's IRA distribution" We are filling joint

 

We have been taking RMD but no where can I add her IRA distribution

Returning Member
Feb 19, 2021 11:12:48 AM

AS Turbo tax doesn't really have support, but s community response with no verifcation of their qualificatons. I need to add my wife's IRA 1099R, but cannot see it. How do I enter her data. Mine is in, but no form for her.

 

Level 15
Feb 19, 2021 11:16:09 AM

Just add another 1099-R and check the box for which spouse it is for.