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It shows that I cannot deduct my IRA contributions. However, I was able to deduct in prior years. Our income level is the same and my wife had retirement plan. Why not?

 
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1 Reply
galavizmi
New Member

It shows that I cannot deduct my IRA contributions. However, I was able to deduct in prior years. Our income level is the same and my wife had retirement plan. Why not?

Please see the IRS website on information regarding IRA Deductions - https://www.irs.gov/retirement-plans/ira-deduction-limits.

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