My total wages for filing married jointly is 121,830.....is there any way to reduce the MAGI below 121,000 to take the IRA deduction (e.g. contributing $3,000 to an IRA)?

[dmertz]

No.  There is no way to sufficiently reduce your MAGI to enable you to fully deduct a $3,000 traditional IRA contribution.

Make a Roth IRA contribution instead.  Even if you were eligible to deduct a traditional IRA contribution, the growth in a Roth IRA that will be tax free once requirements are met will likely be more beneficial in the long run than a tax deduction now and taxable distributions later.