We made a contribution of $2000 each (my wife and I) to our Roth IRA for 2016. But the Turbo Tax shows that IRA contribution are not qualified for the tax deduction.

[czhao23]

Is the Roth IRA contribution tax-deductable?

[dmertz · Accepted solution]

Roth IRA contributions are never deductible.  The benefit of a Roth IRA is that earnings inside the Roth IRA are eventually tax-free growth.  (Which, for most people, is a greater benefit than a short term benefit of a tax deduction only to have all amounts distributed later be subject to tax.)

[VolvoGirl]

ROTH IRA or 401k is never deductible.  Only contributions to a Traditional IRA can be deducted and even then you have to qualify for the deduction.  And I want to check that you said  "our Roth IRA..."    Hope you meant separate IRA accounts.   You can not have a joint IRA.  You each need your own IRA account.

[dmertz]

Good point.  The contribution is the contribution of the individual to whose account the contribution is made.