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browdl
New Member

Turbotax, we have a problem-spousal IRA

Ifoss55,I have the exact same problem.  I agree that the cited tax code supports your point, rather than refutes it.  Very frustrated with TT, costing me thousands of dollars here!

dmertz
Level 15

Turbotax, we have a problem-spousal IRA

Under the rules for statutory construction, if the tax code was intended to permit the spouse with the higher compensation to make a spousal contribution supported by compensation of the spouse with lower compensation, there would have been no reason for the statute to include paragraph 219(c)(2)(B).  The entire purpose of paragraph 219(c)(2)(B) is to limit eligibility to make a spousal contribution to only the spouse with the lower compensation.

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