If our AGI is $75,000 but my income was only $3,000 can my spouse contribute the other $3,000 to my Roth IRA for max contributions?

posted

Yes, if your spouse has enough earned income to cover both spouses' contributions to IRA accounts.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

For you to have a spousal contribution made to your Roth IRA, your spouse must have greater compensation than you (more than $3,000) and you must file jointly. Also, the sum of the contributions to your own IRA(s) and to your spouse's IRA(s) cannot exceed your combined compensation.

In 2022 I used the TurboTax download to prepare my tax return and that was the first year I had Qualified Charitable Contribution (QCD) as part of my IRA RMD. I got an IRS Notice: CP2000 about that return stating that "We couldn't identify the retire...

in [Event] Ask the Experts: Amending Your Taxes

Expert does your taxes

Do it yourself

Resources

Support

If our AGI is $75,000 but my income was only $3,000 can my spouse contribute the other $3,000 to my Roth IRA for max contributions?