On IRA deduction limit: I'm filing married filing jointly with spouse who left a job with a plan to 1 without, shouldn't I have no MAGI limit instead of a limit of $125k?

posted

No, if either of you has a the box 13 retirement plan checkbox checked on your W-2 form, the IRA deduction MAGI limits apply for the year.

This applies even it was only for part of the year and also if the employee was merely offered a retirement plan, but did not contribute.

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Do you have an Intuit account?