My wife and I contributed to IRA's. Program is deduction for my wife but mine is not allowed. My income is below MAGI. How do I correct to receive the deduction?

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Are either of you covered by a retirement plan at work? This also affects the MAGI phaseout. If an individual is covered by an employer retirement plan or through self-employment, the deduction for an IRA contribution decreases (phases out) when MAGI is between the following amounts for Married Filing Jointly (MFJ) taxpayers:

2019 $ 103,000 to $ 123,000

If the individual is not covered but the spouse is, the non-covered participant’s deduction is phased out when modified AGI is between the following amounts for MFJ taxpayers.

2019 $ 193,000 to $ 203,000

Learn more about the phaseouts here.

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